Mixed Action for U.S. Exporters The Biden Administration announced an initiative to boost U.S. business opportunities abroad. The effort will be led by the State Department, USTR, and the Commerce Department. No USDA. American industry has long run trade deficits but now agriculture has slipped into one. The initiative will reportedly focus on economic diplomacy. The fundamentals hurting U.S. agriculture include high labor costs, a strong dollar, new competition from South America, and the lack of new trade agreements. The latter may be part of the reason that Republicans are proposing budget cuts to USTR – the agency isn’t performing its function of negotiating trade agreements. Attacking American Citizens EU competition off...