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<p>Balanced Reporting. Trusted Insights.</p>
Wednesday, April 02, 2025
The Trump administration’s reciprocal tariff plan departs from established trade norms and could open new markets for U.S. agriculture, analysts say, but much depends on their implementation.
USDA finally has a new secretary, and Robert F. Kennedy Jr. is bringing his MAHA priorities to the federal government as secretary of Health and Human Services.
President Donald Trump signed an executive order Thursday that will pave the way for “reciprocal” tariffs on U.S. trading partners that subject U.S. exports to higher duty rates than their exporters face when selling into the U.S. market.
House Republicans are moving forward with their proposed budget plan today, despite continued pushback from hardline conservatives. The draft budget resolution that the Budget Committee will debate today calls for $1.5 trillion in spending cuts and $4.5 trillion in tax cuts.
Ottawa and Beijing have unveiled their opening salvos in retaliation to Trump's tariffs and threats. While ag features prominently in both countries’ tariff lists, the responses are measured, analysts say.
Japanese Prime Minister Shigeru Ishiba is eying more U.S. ethanol purchases as a way to erode the U.S. trade deficit, appease President Donald Trump, and meet the country's climate goals as U.S. growers watch with interest.