Glyphosate is one of 28 pesticide product lines that President Trump is threatening to hit with tariffs of up to 25% starting next month. The crop protection industry is asking for exclusions and warning that costs could rise for manufacturers and farmers.
President Donald Trump and his top trade negotiator head to the Group of 20 summit in hopes of re-starting negotiations with China before the trade war escalates further while simultaneously making progress in talks with the Japanese on reducing their barriers to U.S. farm exports.
The Trump administration is eyeing next week’s Group of 20 summit in Japan to jump-start negotiations with China and make continued progress toward a deal with the Japanese to reduce their barriers to beef, pork and other U.S. farm commodities.
The White House steps up its campaign to get Congress to approve the U.S.-Mexico-Canada trade agreement this week, dispatching U.S. Trade Representative Robert Lighthizer for hearings on both sides of Capitol Hill.
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.
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.
Lawmakers seek to move their long-awaited farm bill this week, and the Trump administration is set to release a new “waters of the U.S.” rule that would remove ephemeral streams and many wetlands from federal jurisdiction.
China has agreed to increase its imports of American agriculture and energy products and to address U.S. concerns about protection of intellectual property, according to a joint U.S.-China statement released by the White House.
Congress faces a Friday deadline to pass a $1.3 trillion government-wide spending plan and companies that buy commodities from farmers hope it will include a fix to the Section 199A tax deduction that has rattled the industry.