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Reports Thursday (Dec. 12) signaled major progress in US-China talks and on a Fiscal Year (FY) 2020 spending agreement. Meanwhile, the Senate approved Stephen Hahn’s nomination to lead the Food and Drug Administration (FDA) and the American Farm Bureau Federation called for more time to comment on USDA’s hemp production rule.
An ag labor reform bill authored by Rep. Zoe Lofgren (D-Calif.) cleared the House Wednesday (Dec. 11), but without changes, it likely faces an uphill climb towards passage in the Senate and lacks the support of many conservatives and one major US ag group.
A group of five House Democrats on Wednesday (Dec. 11) asked the Government Accountability Office (GAO) to investigate the Trump administration’s relocation of two USDA research agencies, calling on the watchdog to probe the cost-benefit analysis used to justify the controversial move.
Ag credit conditions are stable overall, but weather, trade turbulence and complicated issues arising from disaster aid and even uncertainty over hemp regulations are all factors weighing on ag lenders, bankers told the House Agriculture Subcommittee on Commodity Exchanges, Energy and Credit Dec. 11.
News that the US, Mexico and Canada reached an agreement on changes to the US-Mexico-Canada Agreement (USMCA) acceptable to House Democrats drew positive reactions from US ag and food groups, administration trade officials and key lawmakers.
Months of negotiations between several parties involved finally reached the conclusion that some did not expect would happen – an agreement on altering provisions in the US-Mexico-Canada Agreement (USMCA).
The US-Mexico-Canada Agreement (USMCA) appears headed toward the conclusion that most hoped for – an agreement to allow US ratification of the deal to move ahead. This comes as the White House made a key USDA nutrition nomination and a long-serving farm group leader is calling it quits.
Mixed signals continue to come from the Trump administration on whether President Donald Trump will move forward new tariffs Dec. 15 tariff on $156 billion in Chinese imports, with USDA Secretary Sonny Perdue expressing optimism the increase could be called off if talks continue to make progress.
An agreement on changes to the US-Mexico-Canada Agreement (USMCA) that addresses House Democrats’ concerns has reportedly been reached by US and Mexican trade negotiators, setting the stage for the pact to finally progress through the congressional approval process.
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