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Balanced Reporting. Trusted Insights.
Friday, May 26, 2023
The European Union has been on a mission for the past decade to ban the foreign use of food names like bologna, gruyere and feta cheese, depriving U.S. producers of markets around the world, but a bipartisan roster of lawmakers has stepped forward to try to curb the EU campaign.
U.S. Trade Representative Katherine Tai rebuffed appeals from senators to begin negotiating trade agreements that would cut tariffs on U.S. agricultural exports.
Agriculture groups are calling on Congress to expressly state that the nation’s pesticide law preempts states’ authority to craft their own warning labels for products.
The potential for increased trade with India is substantial, but the country has refused to commit to the trade pillar of the Indo-Pacific Economic Framework and some in the U.S. ag sector are pessimistic about changing the country’s direction.
India, an international ag trading powerhouse that often comes into friction with the U.S. over tariff and nontariff barriers, is the only Indo-Pacific Economic Framework country out of 14 not participating in the pact’s trade pillar after a major summit held in Los Angeles this week, according to government officials.
The Senate Finance Committee unanimously approved USDA adviser Doug McKalip to be the chief agricultural negotiator for the Office of the U.S. Trade Representative, sending the nomination to the full Senate for final approval.
The Senate Finance Committee plans to vote Sept. 7 on whether to send the nomination of USDA adviser Doug McKalip for chief agricultural trade negotiator to the full Senate for confirmation.
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 Biden administration is kicking off talks with Taiwan on an agreement to facilitate more trade between the countries without reducing tariffs, according to senior administration officials.
President Joe Biden announced Monday from Tokyo the official launch of his Indo-Pacific Economic Framework, or IPEF, that will so far include Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Vietnam.
