Top U.S. Trade officials and USDA’s chief economist testified last week about trade and trade aid payments on Capitol Hill in front of the Senate Ag Committee.
Trade And Trade Aid Officials Testify At Hearing
Cattle and beef markets have decreased from April highs with uncertainty in a variety of factors weighing on markets the past month.
President Donald Trump remains in U.S. farmers’ good graces, according to the latest Farm Journal Pulse survey.
The Trump administration is still in the “throes” of assembling the president’s promised $15 billion agriculture aid package for an industry hurt in the trade war with China.
China announced that it will impose additional tariffs on some American goods in retaliation for the latest increase of U.S. duties on $200 billion of Chinese imports.
Agriculture Secretary Sonny Perdue wants China to be a customer of American farm products, even after Washington hiked tariffs on more than $200 billion in Chinese goods.
President Donald Trump’s administration told China it has a month to seal a trade deal or face tariffs on all its exports to the U.S.