The Biden Administration has done the impossible – it has united Congressional Democrats and Republicans on an issue, and not in a good way. It turns out that Congressional trade folks felt good when they came together back in 2020 and in a strong bipartisan fashion, voted overwhelmingly in favor of the USMCA. They wonder where is that level of ambition today?
Both Republicans and Democrats believe Article 2, Section 2 of the Constitution gives the Congress primacy over trade. They didn’t like it when Donald Trump ran roughshod over this fact, and they don’t like that Joe Biden is continuing to ignore it. They want the level of consultation required when the President is obligated under Trade Promotion Aut...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
