Rail strikes ran headlines in late 2022 and came to an end in December when Congress passed an agreement. But there may be another strike looming in the transportation sector unless the Biden administration changes pace.
"In this current situation, the traditional approach to free trade agreements — which isn't just tariff cuts, but that they do tariff cuts on a fully comprehensive basis — isn't what we need right now,” Tai says.
The U.S. appears to be pursuing a case via USMCA on the matter: “That is going to happen, because we're essentially in a circumstance where this is not a situation that lends itself to a compromise,” Vilsack said.
“Over the long term, our projections suggest that changes in fiscal policy must be made to address the rising costs of interest and mitigate other adverse consequences of high and rising debt," CBO Director Swagel said
A filing Tuesday by the Department of Justice urged a federal court in Illinois not to throw out a class action suit that consolidated several farmers’ lawsuits against John Deere over repair restrictions.
“With 90% of corn acreage in the U.S. being planted to biotech seeds and Mexico being the number one purchaser of U.S. corn, I'm concerned this decree is not being met with urgency it deserves,” said Sen. Grassley.
The revamped foods program would absorb the functions of Center for Food Safety and Applied Nutrition and the Office of Food Policy and Response, as well as some of the work of the Office of Regulatory Affairs.
The definition maintains longstanding exemptions for farming activities but trims an exclusion for prior converted cropland that had been in the Trump administration’s Navigable Waters Protection Rule.
Under the USMCA, Canada conceded to granting lower tariff access across dairy products. But Canada was allocating a bulk of those imports to processors, limiting the ability of other groups to buy U.S. products.
Text of the $1.7 trillion omnibus spending package was released early Tuesday morning. The Senate will vote first and intends to pass the measure before Thursday, leaving the House no time to demand changes.
The agreement will allow lawmakers to spend the coming week hashing out specific spending levels for each federal agency as well as what legislative items they will attach to the bill, likely including ag aid.
International Energy Agency sees an extra 2,400 gigawatts of capacity coming online worldwide over the next five years, with renewables surpassing coal as the largest source of global power generation by 2025.
China moved to close parks, malls and museums on Tues. as COVID-19 cases hit near-record levels. Lockdowns follow reports that, days before COP27, Xi sent policy and business advisers to New York to meet U.S. executives.
Unions and railroads are back at the negotiating table. By law, Congress can intervene to impose an agreement if the two sides remain deadlocked. However, one union is now on schedule to strike Dec. 5.
Pelosi is to step down as leader of the Democratic Party in the House, a position she has held since 2003. House Majority Leader Steny Hoyer says he will remain in Congress but won’t seek a leadership position.
"We need to find the right direction for the bilateral relationship going forward and elevate the relationship," Xi said, while Biden stressed that the two countries can compete without it turning into a conflict.
Chinese leaders are considering steps toward reopening after nearly three years of tough pandemic restrictions. The news comes as China's imports and exports slow on rising risks of a global recession.
Data from Ukraine’s Ministry of Agrarian Policy and Food shows the country shipped 6.9 million metric tons of grain, vegetables and edible oils last month, nearly matching the 7.1 million tons exported in Sept. 2021.
"The low water disruption will be felt not only by our U.S. producers of food, farm, and fiber but also by U.S. and international consumers as well," says Friedmann of the Agriculture Transportation Coalition.