WASHINGTON (RFD-TV) — The White House is taking a stand with the agriculture chemical giant Bayer. Federal officials are calling on the Supreme Court to take up the company’s appeal over Roundup.
Trump Administration lawyers submitted a brief this week backing Bayer’s argument that federal laws regulating herbicides like Roundup should prevent lawsuits over the popular chemical.
Currently, U.S. officials consider Roundup and its main ingredient, glyphosate, to be safe. However, some U.S. states have filed lawsuits claiming a “failure to warn” that Roundup causes cancer.
“The support of the U.S. Government is an important step and good news for U.S. farmers, who need regulatory clarity. The stakes could not be higher as the misapplication of federal law jeopardizes the availability of innovative tools for farmers and investments in the broader U.S. economy,” said CEO Bill Anderson.
Since Bayer acquired Monsanto in 2018, the company has paid around $10 billion in claims. The company’s stock jumped nearly 15% after the announcement on Tuesday, according to MarketWatch.
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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.
