U.S. wheat farmers continue to benefit from the ties between Brazilian President Jair Bolsonaro and U.S. President Donald Trump, which have only strengthened since the two first met at the White House last year.
Kamala Harris, Joe Biden’s pick as his Democratic running mate, has gone on record opposing new trade agreements, including the U.S.-Mexico-Canada Agreement, and has taken up the interest of farmworkers during her short tenure in the U.S. Senate.
President Donald Trump announced Monday the U.S. will be restoring tariffs on Brazilian and Argentine steel and aluminum, potentially disrupting the recently improving U.S. trade relationships with Brazil.
Argentina, in yet another show of good will towards the U.S., has offered to lift its longstanding ban on U.S. beef as negotiators for the two countries look for ways to bring down another trade barrier. Argentina’s ambassador to the U.S. visited USDA this week to discuss the process for lifting the ban, Argentine government officials told Agri-Pulse.
The USDA left its production estimates for this year’s corn and soybean crops unchanged from the February forecasts, while raising its projection for U.S. corn-ethanol output and slashing its outlook for Argentina’s soybean harvest.
The Commerce Department today took the final step to authorizing retaliatory action against imports of biodiesel from Argentina and Indonesia, setting the final rates importers must pay to bring the biofuel into the U.S.
The International Trade Commission (ITC) voted unanimously that the U.S. biodiesel industry has been disadvantaged by imports of biodiesel from Argentina and Indonesia, a move that could pave the way for countervailing duties to be put in place by the end of the year.