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Shining Light on Farm & Food Policy for 20 Years.
Sunday, January 19, 2025
As U.S. leaders pledge to increase tariff rates on Chinese products and the Asian giant plans to retaliate, more farmers are asking: “How do tariffs really work?”
A federal jury has awarded $473.5 million in damages to six North Carolinians, agreeing with them that odors from a Pender County hog farm were bad enough that they interfered with their right to enjoy their property.
China today promised to strike back once again over a planned escalation of U.S. import taxes. The Chinese Finance Ministry announced it will increase tariffs on an additional $60 billion worth of U.S. products if the U.S. follows through with a plan to add tariffs to $200 billion of Chinese goods by September.
Ethanol advocates applauded a Trump administration proposal released today that would freeze fuel economy standards for cars and light trucks through model year 2026.
President Donald Trump today asked his top trade negotiator to consider increasing the pain from proposed new tariffs on $200 billion of Chinese goods, raising the rate to 10 percent to 25 percent.
The Senate's nine farm bill negotiators include Majority Leader Mitch McConnell, who wants the legislation finalized next month, as well as a Democrat facing a tough re-election race this fall, Heidi Heitkamp of North Dakota.
BASF has completed its acquisition of most of the businesses and assets from Bayer that the company was required to divest as part of its purchase of Monsanto.
EPA Acting Administrator Andrew Wheeler’s Wednesday appearance before the Senate Environment and Public Works Committee was heavy on biofuel talk as senators looked to pin him down on how the agency will approach a number of contentious topics.
Some Republicans say the best thing Congress could do to help farmers withstand the turmoil in trade policy is to pass a new farm bill. But economists say the legislation is unlikely to offer much relief to farmers, especially soybean growers, even if commodity prices don’t recover from their current tariff-induced slump.
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