The Obama administration is under intense pressure over the political prospects for the Trans-Pacific Partnership (TPP) and Transatlantic and Trade Investment Partnership (TTIP) agreements, as revealed by comments this week from its cabinet members.
Root of Trade Policy Problems The Obama administration is under intense pressure over the political prospects for the Trans-Pacific Partnership (TPP) and Transatlantic and Trade Investment Partnership (TTIP) agreements, as revealed by comments this week from its cabinet members. Interior Secretary Sally Jewell belittled environmental groups by saying that they have staked out opposition to TPP without actually understanding its content. At a separate venue, Commerce Secretary Penny P...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
