President Trump is proposing to slash crop insurance and other farm programs by $47 billion over 10 years and to dramatically overhaul the Supplemental Nutrition Assistance Program, eventually shrinking its cost to taxpayers by one-third.
It may not be fair to put so much pressure and responsibility on Gregg Doud, but much of the U.S. ag sector is counting on the farm economist from Kansas to be their chief trade negotiator and help prevent the dissolution of vitally important trade pacts and open up lucrative new markets across the globe.
President Donald Trump delivered his first State of the Union speech Tuesday, presenting an upbeat vision of the country and focusing on his economic and regulatory successes that played well with his GOP base.
U.S. complaints that Europe wasn’t living up to a promise to import American beef were ignored for years, but that’s changed in the months since the Trump administration began considering retaliatory duties on European imports. Now the two sides are talking and it looks like a deal could be in the works.