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Balanced Reporting. Trusted Insights.
Thursday, April 03, 2025
When it comes to trade policy and climate, there are few indications an administration led by Vice President Kamala Harris will be much different from the one she has been a part of for four years.
U.S. trade policy should not be focused on using American might for deals to increase exports, but rather trading access to U.S. markets in return for influence on foreign countries, according to U.S. Trade Representative Katherine Tai.
Mexico’s attempts to rid the country of genetically modified corn from the U.S. could ultimately be put in the hands of a third-party dispute panel, and both sides are counting on science and common sense to prevail.
The potential for increased trade with India is substantial, but the country has refused to commit to the trade pillar of the Indo-Pacific Economic Framework and some in the U.S. ag sector are pessimistic about changing the country’s direction.
The Biden administration has all but ruled out tariff-slashing market access deals when it comes to its proposed Indo-Pacific Economic Framework, but the U.S. ag sector still hopes the agreement will include a trade pillar that boosts exports to rapidly growing markets that are home to a patchwork of regulatory restrictions and non-tariff trade barriers.
In this opinion piece, Sharon Bomer Lauritsen with AgTrade Strategies LLC and Bart Fischer with Texas A&M University discuss their support of comprehensive agriculture negotiations at the World Trade Organization (WTO).
President Joe Biden’s effort to amass partners for challenging China is taking shape, and U.S. Trade Representative Katherine Tai is working to rekindle ties with historical allies such as Japan, the European Union and the United Kingdom while forging new bonds with countries such as India and Vietnam.