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.
House Democrats have proposed a sweeping package of green energy tax incentives that includes a multiyear extension of the expired biodiesel credit, but it’s unclear that the House and Senate can agree on a tax deal before the end of the year.
President Donald Trump and White House officials insist that China will be buying $40 billion to 50 billion worth of U.S. agricultural products annually over the next couple of years, if the countries nail down a trade deal in the coming weeks, but the question is whether U.S. farmers, processors and exporters could meet that challenge.
A federal appeals court heard arguments about the Environmental Protection Agency’s use of biofuel mandate waivers for small refineries, but some question if there will be a case of judicial pingpong with no court finding itself the right panel for a challenge.
The Senate is looking to finish work on a package of spending bills funding USDA and other agencies important to agriculture, but it increasingly appears that Congress won’t reach a final agreement on fiscal 2020 until after the first of the year.
Global demand for U.S. ethanol has grown substantially over the last decade, but ongoing trade tensions, policy enforcement, and changing markets could set up potential roadblocks for the industry in the years ahead.
The Trump administration is set to announce a deal to mitigate concerns over the use of small refinery exemptions from the Renewable Fuel Standard that will reallocate waived gallons to other obligated parties.