We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Terms and Cookie Policy
Shining Light on Farm & Food Policy for 20 Years.
Friday, May 10, 2024
President Donald Trump highlighted the importance of getting Japan to lower its tariffs on U.S. farm commodities as the two countries hash out a bilateral free trade agreement, a deal he said is progressing very rapidly.
Agriculture Secretary Sonny Perdue, Bayer and crop protection groups are criticizing a decision by Vietnam to ban the use of glyphosate in the country, a growing market for U.S. farm goods.
The U.S. and China have settled on a way to enforce agreements made in a pact to end the trade war between the two countries, U.S. Treasury Secretary Steven Mnuchin said Wednesday in a CNBC interview.
The U.S.-China trade negotiations return to Washington this week amid signs of progress, while Senate Republicans seek to move forward with a long-stalled package of disaster aid eagerly awaited by a growing list of farmers.
U.S. negotiators head to China this week to resume face-to-face trade talks, and the Senate is expected to consider a long-stalled disaster aid bill amid demands to expand it to include assistance for losses from the Midwest flooding.
China may agree to buy more U.S. agriculture commodities and lift onerous trade barriers in the ongoing talks, but unless negotiators can agree on an effective way to make sure the Chinese live up to their promises, any final deal would be worthless.
With President Donald Trump having dropped the threat for now of expanded tariffs, U.S. and Chinese negotiators continue work on details of an agreement that he and Chinese President Xi Jinping could potentially seal later this month in Florida.
USDA economists expect farmers to increase plantings of corn this spring while reducing their soybean production as the Trump administration's ongoing trade war with China remains unsettled. Record amounts of meat and milk production are projected.
