The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the latest development in the clash over bio-fuel policy.
The U.S. Agriculture Department said on Wednesday it had pulled all staff from an annual crop tour after an employee was threatened, and sources said the threat of violence was made during a phone call from an angry farmer.
US President Donald Trump on Tuesday vowed to protect US farmers against China by signaling to provide further aid if needed, a day after Chinese firms stopped agricultural purchases and Beijing threatened more tariffs on US farm products.
US farmers, who are major exporters of pork and soy, are caught in the middle of President Donald Trump's trade wars. And farmers along with the industries that support them, are also key voters.
The Trump administration on Tuesday said it will use a Great Depression-era program to pay up to US$ 12 billion to help U.S. farmers weather a growing trade war with China, the European Union and others that the president began. It is a clear signal the U.S. President Donald Trump is determined to stick with tariffs as his weapon of choice in the conflict.
United States corn exporters are concerned with the fact that Venezuela, one of their prime markets, is now a full member of Mercosur, which includes Brazil and Argentina two major exporting countries.
United States farmers have called on the US government to approve the free trade agreements with Colombia and Panama because Mercosur countries are taking a bigger share of US agriculture exports to those countries.