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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 01, 2024
The Trump administration is looking this week to increase the pressure on Congress to approve the U.S.-Mexico-Canada trade agreement while making progress with China in the wake of the recent meeting between President Donald Trump and Chinese leader Xi Jinping.
U.S. and Chinese officials are already talking again, albeit long distance, to negotiate an end to a prolonged trade war. But farmers are losing patience as exports continue to suffer.
Ag producers are more optimistic than last month about the future of the ag economy after a crop price rally, Market Facilitation Program announcement and disaster aid bill boosted producer sentiment in June.
President Donald Trump said Saturday that he and Chinese President Xi Jinping have agreed to restart talks to end the U.S.-China trade war that has cost the U.S. ag sector billions of dollars in lost exports.
USDA on Friday reported an export sale of 544,000 metric tons of soybeans to China, just a day before President Donald Trump and Chinese President Xi Jinping meet in a renewed bid to end the two countries’ trade war.
House Speaker Nancy Pelosi on Thursday announced her desire for a vote to approve the U.S.-Mexico-Canada Agreement that the U.S. ag sector is counting on for continued trade in North America that is mostly tariff-free.
Several House Democrats stood in the sweltering summer heat Tuesday afternoon with AFL-CIO President Richard Trumka, pledging to gathered reporters and supporters there will be no vote on the U.S.-Mexico-Canada Agreement until the Trump administration meets their demands.
Glyphosate is one of 28 pesticide product lines that President Trump is threatening to hit with tariffs of up to 25% starting next month. The crop protection industry is asking for exclusions and warning that costs could rise for manufacturers and farmers.
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