U.S. Secretary of Agriculture Brooke Rollins will be on the road over the next few weeks. She will first stop in the United Kingdom, searching for additional new markets for U.S. crops. Then she will travel to Japan to follow up on President Donald Trump‘s latest trade deal, which is worth half a trillion dollars.
———
Rollins Makes the Most of New Trade Deal with Japan
During an exclusive interview with RFD-TV News, Secretary Rollins said she’s hoping this will make up for Trump’s tariff agenda, which led to a strained trade relationship with China, previously one of the top importers of U.S. agricultural products.
“Eight billion [dollars] a year in commitment from Japan to bring in more soybeans, corn, ethanol, et cetera — and that’s just a massive number that’s going to make a huge difference,” Rollins told RFD-TV on Friday. “Of course, we’ve talked a lot about China being our biggest buyer in some of these commodities, and certainly we need China, especially for soybeans and others, right now. But we have to look to other areas of the world. The new trade deal with Japan includes $550 billion in projects that the U.S. will select.
The U.S. will put a baseline 15% tariff on all Japanese imports, with sector-specific duties on goods like vehicles. It also gives a big boost to row crops like corn and soybeans, with Japan agreeing to ramp up purchases of those U.S. crops.
Roger McOwen started a new farm law and taxation blog that contains a “Rural Practice Digest.” You can access it through a subscription to his new Substack blog. Find the link here.
The topics in ag law and tax are diverse. There’s never a dull moment. For now, here’s a selection of various ag law topics from RFD-TV Agricultural Law & Tax expert Roger McEowen.
Global food prices inched upward for the third consecutive month according to the latest FAO Food Price Index. While some Americans struggle to source their next meal, others are ordering high-priced food delivery straight to their door more than ever before.
With ransomware and other cybersecurity threats on the rise, the U.S. Small Business Association wants to help bolster the resources available to farmers and other rural Americans who operate small businesses.
The new approach to animal identification in the cattle industry—that’s the topic of this Firm to Farm blog post by RFD-TV agri-legal expert Roger McEowen with the Washburn School of Law.
Poison Hemlock is an invasive weed in many parts of the U.S., but is currently spreading in Ohio. Ingesting the plant or its seeds is deadly to humans and livestock.
From the U.S. Supreme Court down to local jurisdictions, the current developments just keep on rolling in agricultural law and taxation. Here are some recent developments.
U.S. Agriculture Secretary Tom Vilsack announced the USDA will help dairy producers dealing with High-Path Avian Flu (HPAI) H5N1 outbreaks in their herds.
