Vietnam is signing a series of agreements with American ag companies, which is expected to result in the country purchasing more than $2 billion in U.S. ag products.
A delegation has been on a multi-state mission, which kicked off in Iowa.
Ralph Lents with the Iowa Corn Promotion Board spoke with RFD-TV’s Tammi Arender about what these agreements mean for the state’s producers, expansion of a gasoline mandate, and an update on current conditions.
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Foreign trade partners, such as China and the European Union, are still purchasing U.S. commodities, but are becoming more cautious as the Trump Administration’s tariff deadline approaches in August.
Labor Secretary Lori Chavez-DeRemer says the labor program will now be fully under her department, and consolidation will make the program more affordable and efficient for farmers and ranchers.
$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.