Washington Insider

President Joe Biden will meet again Friday with Sen. Shelly Moore Capito, R., W.Va., as the two try to hammer out a deal on an infrastructure package. But Bloomberg reports that the clock is ticking and at least one key lawmaker, Rep. Jim Clyburn, D., S.C., is thinking the effort needs to wrap up...

The Office of the U.S. Trade Representative (USTR) Wednesday announced results of Section 301 investigations of digital services taxes (DSTs) with several countries, reaching the conclusion that the countries' actions were enough to warrant the U.S. to impose sanctions.

The ransomware attack that hit global meatpacker JBS affected its Australianand U.S. IT systems, and Politico is reporting that the company has told the White House they think it was a "criminal organization likely based in Russia."

The European Union is now seeking to mend the fences with the U.S. and seeking to rekindle what is typically a strong relationship.

When it comes to the Phase One agreement, many continue to point out that China is running behind its two-year purchase commitments under the deal. But agriculture has done better than the other sectors relative to the purchase targets.

The Federal Reserve has set the target range for the key Fed funds rate, the interest rate that governs costs of borrowing across the economy, at a range of 0% to 0.25%, in a bid to provide low-cost money so that the economy can recover from the COVID-19 pandemic. The Fed is also...

How countries account for their emissions is going to be a challenge going forward in the mission to reduce emissions. A recent examination of Australia's emissions spotlights that issue.

While the size of the infrastructure package remains one objection from Republicans, the other is how the administration wants to pay for the plan. GOP leaders continue to balk at changing the corporate tax rate, or revisiting any of the tax cuts from the 2017 tax bill.

Current duties have pushed up lumber prices at a time when residential construction has been on the rise. That is in no small part as lumber prices have risen dramatically. There has been a roughly 300% increase in lumber prices the past year. Yet, the U.S. and Canada cannot seem to come to...

Looking at the minutes from the April meeting of Federal Reserve officials, the recap noted some Fed officials were concerned about the inflation outlook. When it came to the discussion of tapering bond purchases, there were Fed participants who said the risk of inflationary pressure was...

U.S. Trade Representative Katherine Tai met one-on-one with Canadian Trade Minister Mary Ng and separately with Mexican Economy Minister Tatiana Clouthier earlier this week. Those discussions saw Tai raise several issues, but the readouts from the parties involved did not signal any new or...

President Joe Biden traveled to Dearborn, Mich., to see firsthand the new Ford F-150 picking that is electric powered, not using an internal combustion engine. But even that push by Ford drew some comments by Biden about the prospects that EVs could be built in other countries and brought...

Another tariff suspension that has popped up. This time the EU pledging now to impose higher tariffs on a host of U.S. goods as a response to U.S. Section 232 tariffs on imports of steel and aluminum. Those higher tariffs loom.

As the Biden administration has pushed through the $1.9 trillion COVID aid in March that was in addition to some $900 billion that lawmakers agreed to in December, inflation was cited as a potential impact from the big fiscal outlays.

Republicans have resisted Biden's plan for $2.25 trillion for "infrastructure," arguing the package proposed by the White House is not just limited to infrastructure. But talks at the White House this week appeared to generate some positive signs that a deal can be reached.

The Farmers to Families Food Box Program was launched at the height of the pandemic and it delivered nearly 167 million boxes of fresh food to families in need and helped farmers sell their produce at a time when supply chain disruptions forced them to dump milk and destroy their crops. The...

U.S. products that are USDA certified can be exported into Mexico, but the two sides have not yet reached agreement on whether that USDA certification meets the standards laid out in Mexico. After some talks, Mexico has agreed to allow U.S. organic products into Mexico through the rest of...

A brake plant in Mexico just south of Brownsville, Texas, is the first to face a complaint under the USMCA over harassment allegations by the AFL-CIO, challenging the labor provisions in the trade agreement.

The markets will be watching the impact of the cyberattack on the Colonial Pipeline over the weekend. Prices for wholesale gasoline in the financial futures market jumped as much as 4% in Sunday evening trading to their highest level since 2018.

President Joe Biden's plan proposing tax increases on the wealthy also contains potential tax changes many in U.S. agriculture are very concerned about.