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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, January 14, 2025
President-elect Donald Trump on Monday said he will sign a series of executive orders on his first day in office to impose new duties on imports from Canada, Mexico and China over what he characterized as their inaction on border security and fentanyl smuggling.
Mexican President Claudia Sheinbaum touted efforts to substitute Chinese imports with locally produced alternatives and downplayed comments from Canadian policymakers that raised questions over Mexico’s future in a North American trade pact.
President-elect Donald Trump has picked hedge fund manager and Scott Bessent as his Treasury Secretary nominee, prompting criticism from Senate Finance Democrats of "rich political donor" potentially helming the department.
Agri-Pulse’s Lydia Johnson caught up with California Rep. Jim Costa Thursday night to talk about his challenge to Georgia Rep. David Scott for the top Democratic slot on the House Ag Committee. Costa repeatedly stressed that he could be a “strong voice” for the minority.
A raft of new trade and development deals inked by the Chinese and Brazilian governments on Wednesday, including agreements to boost several agriculture exports, indicates that Beijing is preparing for a Trump presidency, according to analysts.
Key lawmakers are working on a two-pronged approach to help row crop producers who’ve been hit by the downturn in commodity markets. A lot of work remains to be done, but the goal is to attach some kind of ag relief to a one-year farm bill extension in December.
China is ending an export tax rebate for used cooking oil, a common feedstock for renewable diesel, in a move analysts say could spur higher prices and prompt U.S. biofuel producers to explore other oil sources.
Wall Street veteran Howard Lutnick, an outspoken proponent of President-elect Donald Trump's tariff policy, has been picked to head the Commerce Department and take a leading role in the incoming administration's trade policy.