Items Tagged with 'US Trade Representative'

The White House is making the case that the bipartisan infrastructure agreement offers broad benefits to rural Americans and not just by expanding broadband, fixing roads and bridges and renovating locks and dams.

​President Joe Biden’s proposal to eliminate stepped-up basis and tax capital gains at death has run into opposition from a key Democrat. The chairman of the House Agriculture Committee, Georgia Democrat David Scott, says the tax plan could hurt farmers even though the tax liability would be deferred as long as a family farm stays in operation.

Senate Republicans are expected to have a counterproposal on infrastructure spending by Tuesday that should have more details and could be larger than their initial $600 billion offer.

Michael Regan is officially in place as administrator of the EPA after being sworn in Wednesday by Vice President Kamala Harris. The ceremony took place shortly after another nominee who had strong backing from farm groups, Katharine Tai, was confirmed by the Senate 98-0 to be U.S. trade representative.

Japan’s Upper House approved a new trade pact with the U.S. on Wednesday, paving the way for lower tariffs on U.S. beef, almonds, walnuts, sorghum and other agricultural products early next year.