NASHVILLE, TENN. (RFD-TV) — There are new details on U.S. action in Venezuela and its impact on American agriculture. President Donald Trump says the South American nation is set to purchase several goods from the U.S. in the coming weeks.
In a post to social media, Trump said Venezuela will buy American ag products and will use the money from oil sales to make it happen.
Earlier this week, the White House said Venezuela will soon turn over between 30 and 50 million barrels of oil, shipping it directly to the U.S. From there, Trump says it will be sold at market price.
Aside from farm products, Venezuela will buy other U.S. goods, too, like medicines, medical devices, and infrastructure equipment.
Related Stories
The December trade mission will connect American agriculture with buyers in Singapore, Malaysia and Thailand.
New tariffs are raising concerns as longstanding USMCA market access issues continue.
Canadian Prime Minister Mark Carney says the retaliatory tariffs aim to protect Canadian industries by targeting sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.
Corn inspections reached 1.1 million metric tons as Mississippi River shipments remained well above recent averages.
