Tai Not Lighthizer? In one of the odder developments, Congressional Democrats are complaining about a lack of consultation by USTR over trade policy pursuits like the Indo-Pacific Economic Framework and the Americas Partnership for Economic Prosperity. There are three incongruities about the situation:
Congressional Democrats claim to support the “worker-centric” objectives of the Biden trade policy. USTR Katherine Tai is a product of Capitol Hill and otherwise has close ties with the Democratic leadership. Some of the same Democrats complaining now squirmed over Donald Trump’s trade policy but praised USTR Robert Lighthizer for his efforts to consult with them.
Cart Before the Horse Hugo Rodrigues is a career U...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
