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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 08, 2024
China had no right to hit U.S. exports – including farm commodities - with retaliatory tariffs five years ago in response to U.S. steel and aluminum tariffs, according to a ruling Wednesday by a World Trade Organization dispute panel.
Lawmakers and farm groups continue to press the Biden administration to begin negotiating free trade agreements, but U.S. Trade Representative Katherine Tai is downplaying the importance of such pacts.
The U.S. lifted its tariffs on steel and aluminum from the European Union and negotiations are underway to do the same for Japan. Now the Biden administration needs to lift the Trump-era tariffs on steel and aluminum from India, says the U.S. Apple Association.
High demand for farm equipment and issues in the supply chain mean that orders for new machinery from a number of companies are taking months to fill and prices for used equipment have gone up.
The U.S. and European Union remain at odds over major trade issues, but leaders announced a new age of cooperation Tuesday, and U.S. farmers stand to benefit if leaders can follow through on the goodwill expressed in Brussels this week.
U.S. Trade Representative Katherine Tai is heading to Brussels for a summit hosted by the European Council next week and says she’s optimistic ahead of expected “intense negotiations” to end two disputes with the European Union as well as work with European allies to address trade challenges from China.
The Biden administration wants a better trade remedy than the nearly 60-year-old Section 232 tariffs that the Trump administration enacted to counter imports of foreign steel and aluminum, U.S. Trade Representative Katherine Tai told lawmakers Wednesday.
U.S. Trade Representative Katherine Tai promised lawmakers Wednesday that work has begun to work out trade disputes with the European Union and the UK to create what President Joe Biden calls “a united front of U.S. allies,” but she largely left questions about China unanswered as the U.S. continues to study the situation.
India is buying more California walnuts than it ever has, but West Coast farmers see a vast potential for even more trade as they wrap up a new media campaign in the Asian giant that is home to 1.3 billion people.
A Wisconsin dairy farmer, a Maine lobsterman and others provided first-hand testimonials as Republicans sought to put a spotlight on President Donald Trump’s trade policy and overall handling of the economy.
