Trade
In a unanimous Senate vote on Wednesday, Katharine Tai was confirmed as the next U.S. Trade Representative. The trade expert was confirmed with a vote of 98-0.
While trade is not a headline of the Biden Administration in the first 100 days, it’s not stopping Katherine Tai from making her voice heard. Tai is now waiting full confirmation vote to put her ideas to work.
Congress got a clearer view of President Biden’s trade agenda this week as the Senate Finance Committee questioned Katherine Tai, Biden’s nominee to serve as the United States Trade Representative.
Biden’s USTR nominee was a key player in the USMCA negotiations, and some think USMCA may be a template for future trade talks, including the possibility of rejoining the Trans-Pacific Partnership (TPP).
Trade seems to be taking a back seat in Washington. From COVID-19 recovery to a focus on climate, other issues are taking priority in the new White House. That’s not stopping ag groups from pushing for key trade deals.
China put a record number of corn purchases on the books to end January, but it’s not just China buying. This week, USDA confirmed China bought more corn from the U.S., a sign demand may be strong across the board.
Whether it’s to fulfill Phase One promised, or an increased need for feed, some say the timing of the record Chinese buys isn’t a coincidence. So, what’s driving the record demand from China?
China’s appetite for U.S. corn seems unstoppable. Just this week, daily sales of corn to China added up to a new record.
President Joe Biden’s trade team is coming together, and it looks to be stacked with individuals who were key in crafting the U.S. Mexico Canada Agreement (USMCA).
Corn, wheat and soybeans saw a price pop this week on news China made a big purchase of U.S. corn. USDA confirmed China bought 686,000 MT of corn for delivery to China, 371,000 of which was in purchases of old crop.
The U.S. and China Phase One trade agreement comes with hefty expectations. What could China buy to meet its $40 billion goal, and when could those buys happen? Economists and market experts weigh in.
On Wednesday President Donald Trump and Vice Premier Liu He signed the Phase One portion of the trade deal between the U.S. and China.
President Donald Trump signed off on a so-called phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation.
It’s crunch time in Washington D.C. to get the U.S.-Mexico-Canada Agreement (USMCA) passed in 2019, with many agricultural groups and organizations losing patience. So, what does the deal do for agriculture?
The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war and lay the groundwork for a broader deal.
The U.S. and Japan signed a limited trade deal intended to boost markets for American farmers and give Tokyo assurances, for now, that President Donald Trump won’t impose tariffs on auto imports.
All former U.S. Secretaries of Agriculture since President Reagan’s Administration announced on Thursday their support for the United States-Mexico-Canada Agreement (USMCA).
Beijing says it supports domestic companies purchasing a certain amount of U.S. farm produce.
USDA announced a new tariff aid plan that offers a single payment rate for all commodities.
The Trump administration is preparing to announce another round of aid to farmers hurt by the trade war with China as soon as Thursday.
The U.S. hiked tariffs on more than $200 billion in goods from China on Friday in the most dramatic step yet of Donald Trump’s push to extract trade concessions.
With investors still worried about the fallout from the trade war, China will this week announce industrial production and retail sales for February.
President Donald Trump plans to meet with China’s top trade negotiator Friday afternoon as the U.S. tries to forge a preliminary deal with its biggest economic rival.
President Donald Trump says he will extend a deadline to escalate tariffs on Chinese imports, citing “substantial progress” in weekend talks between the two countries.
USDA has extended the deadline for MFP applications.
Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn.
2020 is full of unknowns when it comes to the markets, but both market analysts and Washington watchers agree on one thing: the political environment will impact the markets in 2020.
While farmers wait for the second round of the 2019 Market Facilitation Program (MFP) payments to be announced, lawmakers disagree on the program’s benefits and the need for more payments.
President Donald Trump and his Japanese counterpart Shinzo Abe met in New York on Wednesday to discuss the ongoing negotiations of the U.S.-Japan Free Trade Agreement
Amid increasing tariffs and controversial biofuels policies, farmer support for President Donald Trump is waning.