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Balanced Reporting. Trusted Insights.
Wednesday, September 28, 2022
Agriculture Secretary Tom Vilsack pushed back Wednesday against criticism of the White House hunger conference from key Republicans on Capitol Hill and touted more than $8 billion in private sector commitments to address hunger and nutrition needs.
The Senate Agriculture Committee voted to approve Alexis Taylor to be USDA's next trade undersecretary, advancing her nomination for a full Senate vote and final approval.
Some of the top U.S. ag leaders are quietly discussing potential ramifications if China ramps up its aggression toward Taiwan and Russia continues its invasion of Ukraine.
President Joe Biden’s choice to be the next chief agricultural trade negotiator spent much of his nomination hearing arguing that he and the U.S. trade representative will be able to increase foreign market access for U.S. farm goods without negotiating new free trade agreements, but Republican senators weren't buying it.
The war rages on, but Ukraine is already looking ahead to the task of rebuilding the country, and a new estimate from the Kyiv School of Economics indicates the agriculture sector has already suffered $27.6 billion in damages.
U.S. Trade Representative Katherine Tai argued against lifting tariffs on hundreds of billions of dollars’ worth of Chinese goods Wednesday, saying it would not do much to ease inflation and would remove key leverage she has in negotiations with China.
The Biden administration on Thursday pledged to help repair Ukraine’s agriculture sector from the damages of the Russian invasion even as the war rages on and farmers struggle to bring in crops.
President Joe Biden intends to nominate Doug McKalip, a senior adviser to Agriculture Secretary Tom Vilsack, to be chief agricultural negotiator for the office of the U.S. Trade Representative.
Treasury Secretary Janet Yellen offered sharp criticism Wednesday of U.S. tariffs on Chinese goods, promising to “reconfigure” the import taxes even as her department continues a review.
