Too Bad for Ag In a surprise from the Biden Administration, Deputy National Security Advisor Daleep Singh said that the U.S. should negotiate more sectoral specific trade agreements and outlined new incentives under the Indo-Pacific Economic Framework to entice more buy-in from other countries. Saying anything about more liberalized trade ahead of the election seems like a risk. Too bad for agriculture though. Liberalizing access for agriculture usually requires comprehensive agreements where access to the big American market for goods is given in exchange for opening opportunities for U.S. farmers. Sectorals do not help ag. Tariff Impacts The Biden Administration finalized higher tariffs on EV’s, batteries and other goods from Chi...