Balanced Reporting. Trusted Insights. Thursday, June 25, 2026

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USDA Whitten Building

USDA plan to ease biotech regs splits industry

Crop developers say USDA’s effort to streamline its regulation of biotech crops will still slow the commercialization of many gene-edited products, but groups representing grain traders, food processors and restaurant chains are slamming the department's proposal, claiming it could lead to trade disruptions and undermine consumer confidence. 
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Soybeans

China revokes tariff exemption on soybeans

China, in retaliation for new U.S. tariffs, revoked its latest goodwill gesture of exempting some Chinese importers from its own tariffs on U.S. soybeans, but at least one U.S. shipment will get through unscathed, according to U.S. government and industry officials.
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President Donald Trump

US to hit more Chinese goods with tariffs amid talks

President Donald Trump said Thursday he will hit roughly $300 billion worth of Chinese goods — effectively the only goods remaining untaxed in the ongoing trade war — with a 10% tariff on Sept. 1, raising concerns that the recently renewed trade talks are not going well.
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