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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, April 24, 2024
The Agriculture Department is rushing to finish a new trade assistance package for farmers hurt by the ongoing trade war with China, while congressional negotiators this week look to pass a long-stalled disaster aid package before the week-long recess for Memorial Day.
Japan has agreed to lift a significant restriction on U.S. beef that’s expected to result in as much as an additional $200 million in annual U.S. exports, USDA announced Friday.
The House and Senate are pursuing a deal on disaster aid with just two weeks left until the self-imposed deadline of Memorial Day and little sign of progress on the major reasons for the impasse.
Agriculture Secretary Sonny Perdue confirmed Friday that USDA, at the request of the White House, is working to put together a second aid package for farmers to make up for losses from Chinese tariffs.
The optimism coming out of the White House and USDA for a U.S. deal with China to end the trade war has been growing for months, but the rosy outlook dimmed this week because of a new rift between both countries’ negotiators.
Trade talks between the U.S. and Japan are moving quickly, and there’s a good chance the two countries can wrap up an ag-centric deal to lift Japanese tariffs by the end of May, U.S. Agriculture Secretary Sonny Perdue said Tuesday.
The Trump administration resumes negotiations with China this week in pursuit of an elusive trade deal, while Congress returns from its two-week Easter recess with a long to-do list that includes a disaster aid bill that is stalled in the Senate.
Producers will be allowed to import hemp seeds after a procedural correction from the Department of Agriculture corrected a state of limbo for the industry.
