U.S. President Donald Trump said on Friday that 80 per cent tariffs on Chinese goods "seems right;" making his first suggestion of a specific alternative to the 145 per cent levies he has imposed on China ahead of weekend talks to contain a trade war between the world’s two biggest economies.
Ahead of China talks, Trump says 80 per cent tariffs ‘seems right’
Trump says he’ll double tariffs on Canadian metals, calls for tariffs to be dropped on dairy
U.S. President Donald Trump says he will double tariffs on Canadian metals to 50 per cent, and called for removal of "Anti-American farmer" tariffs on dairy.
Trump expected to offer Loeffler agriculture secretary role
President-elect Donald Trump is expected to offer former U.S. Senator Kelly Loeffler the agriculture secretary job in his administration, CNN reported on Friday.
Biden overhauling U.S. marijuana policy
Prior federal offenses to be pardoned; moves could ease U.S. business for cannabis firms
Washington | Reuters — U.S. President Joe Biden took steps to overhaul U.S. policy on marijuana on Thursday by pardoning thousands of people with federal offenses for simple marijuana possession — and initiating a review of how the drug is classified. Biden said thousands of people with prior federal convictions could be denied employment, housing […] Read more
Biden says U.S. baby formula shortage to ease in weeks
Shortage follows major Similac recall in February
Washington | Reuters — The U.S. baby formula shortage should improve dramatically in coming weeks, President Joe Biden and top officials said on Friday as the administration scrambled to reverse a shortfall that hits lower-income Americans particularly hard. The U.S. is working with manufacturers to allow more importation of baby formula, Biden told reporters in […] Read more
U.S. pushing for NAFTA deal ahead of Thursday deadline
Washington | Reuters — The United States is still pushing for a deal to revise the North American Free Trade Agreement (NAFTA), the White House said on Wednesday, while a top Mexican official held out the possibility of an agreement in the coming weeks. President Donald Trump is committed to getting a better agreement with […] Read more
Cargill fined $10 million for inaccurate swaps information: CFTC
Washington/Chicago/Reuters – Cargill Inc will pay a $10 million fine for providing inaccurate information on swaps to protect its revenue, and for failing to supervise the company’s swap dealers, the Commodity Futures Trading Commission said on Monday. The CFTC said that beginning in 2013, Cargill did not comply with regulations on thousands of complex swaps […] Read more
Cyber-Savvy Farmer
