A Senate attempt to block President Trump’s new tariffs came up short in a 49-49 tie, with two Senators missing the vote.
The push, led by Senators Ron Wyden and Rand Paul, aimed to undo the 10 percent baseline tariff announced under an economic emergency order. Agri-Pulse reports supporters said the debate was still important, while some lawmakers quietly expressed concerns about potential trade impacts.
Treasury Secretary Scott Bessent recently told reporters that the Administration is working on deals with 17 countries and singled out negotiations with India as being particularly far along.
Related Stories
Farmers for Free Trade Executive Director Brian Kuehl shares more about the tour to gather farmers’ insights on the economic challenges they face in the ag economy.
Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
Trade pacts with Malaysia and Cambodia unlock tariff-free and preferential lanes for key U.S. farm goods, expanding long-term demand in Southeast Asia.
