Trade

A federal court ruled Wednesday that an emergency law does not provide President Trump with unilateral authority to impose tariffs on nearly every country. The interruption was short-lived after a federal appeals court granted the Trump administration’s request to temporarily pause a lower-court ruling.

President Donald Trump announced plans to impose a sweeping 50% tariff on all imports from the European Union starting June 1.

A chief concern is whether glyphosate will be targeted by the report, which is expected to be unveiled on Thursday. A number of farmers have voiced concerns collectively and individually this week.

After suspending live cattle imports from Mexico and a trip to the UK to talk trade, the secretary of agriculture looks ahead to domestic affairs and the anticipated May 22 MAHA report.

USDA Secretary Brooke Rollins is set to continue her aggressive international trade agenda.

NCBA applauds Secretary of Agriculture Brooke Rollins’ aggressive efforts to suspend Mexican cattle, horse and bison imports, saying Mexico’s corruption and mismanagement has caused the pest to spread closer to the U.S.

Due to the northward spread of New World Screwworm, a month-by-month suspension is effective immediately and will continue until a significant window of containment is achieved.

White House trade adviser Peter Navarro has emphasized the European Union is a top focus for the Trump administration’s ongoing tariff negotiations.

The deal decreases U.K.’s ethanol tariff from 19% to 0%, creates an opportunity for cattle ranchers to export millions more and opens a $100 million market with free access for rice farmers, says Brooke Rollins, Secretary of Agriculture.

“Let’s just put it this way, things are happening this spring we’ve never seen before,” says Josh Linville, vice president of fertilizer at StoneX.