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- 1China and US agree tariff cuts on $60 billion of goods▼China, US agree to tariff cuts on $60 billion of goods including agriculture, household items
China and the United States have agreed to reduce tariffs on roughly $60 billion worth of goods, covering agricultural products and household items, according to Reuters. The cuts mark a further step in easing trade tensions between the world's two largest economies, with farmers and consumer goods sectors among those expected to benefit from lower barriers.
- 2China and US agree tariff cuts on $60 billion of goods▼China, US agree tariff cuts on $60 billion of goods including agriculture, household items
China and the United States have agreed to cut tariffs on $60 billion worth of goods, covering agricultural products and household items. The move marks a further step in easing trade tensions between the world's two largest economies, with farmers and consumers expected to benefit from lower costs on affected goods.
- 3Trump's price-fixing efforts stumble weeks before midterms▼5 WEEKS to the midterms. Trump's plan to fix prices has failed 3 TIMES. 🥩 Tariff-free beef → FARMERS revolt ⛽ Diesel exp
With five weeks until the US midterms, critics say Donald Trump's attempts to address consumer prices have failed three times: tariff-free beef imports angered farmers, a proposed diesel export ban drew opposition from the oil industry, and suggested $5,000 checks to voters faced resistance even from Republicans. Inflation has remained above the Federal Reserve's target since 2021, and economists argue the administration's own policies are contributing to the problem.
- 4Farm bill politics, fuel and trade top Washington agenda●Washington Week Ahead: Farm bill politics, fuel and trade outlook in focus
US lawmakers and agriculture industry watchers are turning their attention to a busy week in Washington, with farm bill politics at the center of debate. Agri-Pulse reports that the fuel outlook, including ethanol and biofuel policy, and the trade outlook for US agricultural exports are also in focus as negotiators weigh next steps on the long-stalled farm bill.