Trade

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U.S. farm groups and some lawmakers used a hearing held by the House Agriculture Subcommittee on Livestock and Foreign Agriculture to stress the need for a more aggressive U.S. trade policy that prioritizes the negotiation of new free trade agreements in order to boost U.S. agricultural exports.

Vietnam is following through on promises to slash its most-favored nation tariffs on corn, wheat and pork, offering new opportunities for U.S. ag exporters, USDA says.

Farmers, ranchers and ag exporters hoping President Joe Biden will engage Chinese President Xi Jinping Monday evening on trade tariffs or supply chain problems will likely be disappointed. Neither topic is on Biden’s agenda for the virtual meeting, according to a senior White House official who previewed expectations for the conversation to reporters.

Democratic leaders are pushing for House passage of President Joe Biden’s package of social and climate spending priorities this week, while the Senate is set to debate an Agriculture Department nominee who will be key to carrying out the administration's climate policy.

President Joe Biden will sit down for a virtual meeting Monday evening with Chinese President Xi Jinping, says White House Press Secretary Jen Psaki.

Support on and off Capitol hill is building for legislation that would help U.S. ag commodities get to foreign buyers despite bottlenecks at some of the biggest U.S. ports.