Negotiations between the U.S. and Japan commenced in Washington, D.C., focusing on lowering reciprocal tariffs, military support costs, and trade fairness. The National Potato Council advocates for improved U.S. potato market access in Japan.
Economists warn of inflation, slower economic growth, and reduced trade volume due to newly imposed tariffs. The World Trade Organization anticipates a slowdown in global trade, with potential worsening if uncertainty and tariffs persist. The Center for Strategic and International Studies estimates that reciprocal tariffs will slow U.S. GDP and drive prices higher.
Agriculture Secretary Brooke Rollins reassured Texas farmers about potential trade losses, pledging USDA support if needed. A coalition of 30 agricultural groups urged Congress to support U.S. leadership at the World Trade Organization.
The Trump administration proposed a change to endangered species protection, narrowing the definition of โharmingโ species to actions resulting in wildlife death, which drew criticism from environmental groups.
The America First Policy Institute launched a โFarmers First Agenda,โ prioritizing rural policy, government restructuring, and responsible nutrition policy, including promoting international trade through tools like reciprocal tariffs.
Senator Chuck Grassley expressed concerns regarding a White House proposal to consolidate USDA field offices, emphasizing the need to ensure farmers' needs are met.