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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, November 26, 2024
President Donald Trump is following through with promises to hit China with new tariffs on $200 billion worth of imports, U.S. Trade Representative Robert Lighthizer announced today, escalating a trade war that is already hurting the U.S. agriculture sector.
President Donald Trump has picked Brett Kavanaugh, a judge on the D.C. Circuit Court of Appeals for 12 years, as his nominee to replace retiring Justice Anthony Kennedy on the Supreme Court.
President Donald Trump says he’ll announce his nominee Monday to fill the pivotal Supreme Court vacancy created by the retirement of Anthony Kennedy, and farm groups are eager this week for House and Senate negotiations to begin on a new farm bill.
Chinese importers have already stopped buying U.S. wheat, soybean purchases are expected to drop even further, and the U.S. ag sector is expecting the financial pain to increase exponentially as long as the Trump administration persists in a trade war with China.
The U.S. and China are set to hit each other with tariffs on $34 billion worth of goods Friday and neither side is showing signs of changing course. That’s particularly concerning for the U.S. ag sector, the target of most of the tariffs China is preparing to levy on the U.S., and it has farm groups and lawmakers bracing for the worst.
President Donald Trump has accepted the resignation of Scott Pruitt, the embattled EPA administrator under fire for a host of ethical and spending concerns.
The multifront trade war erupting on all sides of the U.S., with allies and others alike, is reaching new heights this week. China is preparing to enact $34 billion worth of tariffs on Friday that have U.S. producers of everything from strawberries to beef bracing for a major disruption in exports.
The passage of the House and Senate farm bills over two weeks and the overwhelming, bipartisan margin of support for the Senate measure is providing new optimism that Congress can agree on a final version that President Donald Trump will sign this fall.
Agriculture Secretary Sonny Perdue continues his “Back to Our Roots” tour this week with stops in Washington, Idaho, Oregon and Alaska where he’ll meet with local farmers, producers and foresters.
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