President Donald Trump and British Prime Minister Theresa May today forcefully stressed that the United States and United Kingdom plan to enter into a free-trade agreement after Britain’s planned exit from the European Union next year.
Trump administration officials have been promising for months that Sonny Perdue’s Agriculture Department will protect farmers and ranchers from billions of dollars of tariffs from China, Mexico, Canada and the EU. But how much can USDA help?
The multifront trade war erupting on all sides of the U.S., with allies and others alike, is reaching new heights this week. China is preparing to enact $34 billion worth of tariffs on Friday that have U.S. producers of everything from strawberries to beef bracing for a major disruption in exports.
U.S. beef producers are excited about the possible sales opportunities that could result in China’s increased desire for beef, but the same could be said for every country that sends beef to the People’s Republic.
A cultured meat company says the Department of Agriculture already has the ability to regulate the product and does not need to accept the points offered in a petition submitted by the U.S. Cattlemen’s Association.
The Food Safety and Inspection Service needs to set up a schedule for revising or developing standards for pathogens in certain beef and pork products, the Government Accountability Office said in a report released Wednesday.