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Trump’s tariff proposals and plans for mass deportations could have a big impact on the agriculture and food industries, which were responsible for a whopping $1.58 trillion in the U.S. economy ...
Farmers and two potential contenders for the position of Trump's agriculture secretary say they want his administration to focus on boosting U.S. exports and crafting trade deals to help ...
The extent of the economic damage for California's agriculture industry, and for producers of different crops, will depend on which approach Trump takes, Steinbach said.
With the US-China trade war, renegotiating of NAFTA, and US-European trade relationships, the US looked to Japan for new markets for agriculture products. In 2019 Donald Trump and Shinzo Abe agreed to a trade deal between Japan and the US that would open up markets to an additional $7 billion (~$8.23 billion in 2023) of products, the deal ...
Trump also had considered nominating former Georgia Senator Kelly Loeffler, whom he has already tapped to co-chair his inaugural committee, to serve as Agriculture Secretary, CNN reported Friday.
ERS economists said that the Trump administration's moves were retaliation against the agency for publishing research reports detailing the negative economic effects of Trump's policies, including tariffs and Republican tax legislation, on U.S. agriculture.
The 2018 farm bill or Agriculture Improvement Act of 2018 is an enacted United States farm bill that reauthorized $867 billion for many expenditures approved in the prior farm bill (the Agricultural Act of 2014). The bill was passed by the Senate and House on December 11 and 12, 2018, respectively.
In December 2018, Trump signed the Agriculture Improvement Act, also known as the “farm bill,” into law. “The farm bill helps marginal crops at the expense of the economy in general ...