Agriculture Secretary Tom Vilsack is making it increasingly clear that he’s going to make it a priority to challenge the market power of big food processors and ag input suppliers. How far he ultimately goes remains to be seen. But he’s getting plenty of encouragement from both sides of Capitol Hill.
President Joe Biden’s proposal to tax capital gains at death accounts for about one-third of the revenue to pay for his American Families Plan, a sweeping package of education, health and child care benefits. That’s according to an analysis of Biden’s tax proposals by the Tax Foundation.
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.
An unlikely pair of senators – Democrat Kyrsten Sinema of Arizona and Republican Jerry Moran of Kansas – is urging U.S. Trade Representative Robert Lighthizer to avoid letting his investigations into imports of blueberries and other produce from Mexico disrupt trade flows that are already strained because of the COVID-19 pandemic.
President-elect Joe Biden tells a New York Times columnist that he won't immediately remove the 25% tariffs on Chinese exports, but instead will reassess the situation and work with allies to pressure China to stop intellectual property abuses.
A World Trade Organization arbitrator on Tuesday awarded the European Union the right to hit the U.S. with tariffs on roughly $4 billion worth of U.S. goods – including some ag commodities – in retaliation for subsidies provided to Boeing. The next step is for the EU to ask the WTO's Dispute Settlement Body for final authorization to impose the tariffs.
Vice presidential candidates Mike Pence and Kamala Harris drew a clear line Wednesday night on the U.S.-China trade war with Pence conveying a position of strength and Harris decrying the damage done to American farmers and manufacturers.
U.S. Trade Representative Robert Lighthizer recently called the World Trade Organization “a mess,” but some of the largest U.S. agricultural groups and companies are speaking out in a new letter to stress the importance of the WTO to American farmers.
The U.S. and Brazil have agreed to revive for 90 days the expired tariff rate quota that allows some U.S. ethanol to flow to the South American country duty free, the two countries said in a joint statement Friday night.