The House Republican leadership indicated that Trade Promotion Authority (TPA) could be brought to the floor for consideration in June, but there was not an explicit guarantee. This reflects several challenges that make the process a game of chess.
The House Republican leadership indicated that Trade Promotion Authority (TPA) could be brought to the floor for consideration in June, but there was not an explicit guarantee. This reflects the challenges of not just obtaining enough votes on TPA but also of moving more controversial provisions off or on the agenda with Trade Adjustment Assistance, Customs reauthorization and the miscellaneous tariff bill. In other words, it is a game of chess to ensure that the TPA bill is as clean as possib...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...