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Trump bailed on a trade deal, and now a bunch of US businesses may suffer

American farmers and small business owners are among the U.S. industries that will be worst hit once a new Trans Pacific Partnership deal is implemented, said one expert. Over the weekend, TPP member countries made progress on a deal without Washington.One of the defining actions of President Donald Trump's tenure in the White House so far is his decision to withdraw the U.S. from a 12-nation trade pact that would have had wide-ranging implications for the global economy.Now that deal — the Trans-Pacific Partnership — looks like it's going to be settled without the U.S..

Anti-Farmer Legislation Rings Hollow

The “Sugar Policy Modernization Act” would prohibit sugar growers from receiving nonrecourse loans available to other crops – loans that are repaid with interest and are the main component of U.S. sugar policy.  The bill would also mandate that the USDA keep America’s sugar market flooded with imports to artificially depress prices for multinational food companies.

Icahn Subpoenaed US Attorney Wants Information on Energy Investor's Involvement With RFS

Though no longer an adviser to President Donald Trump, billionaire energy investor Carl Icahn may now be the subject of a federal investigation related to his involvement with the Renewable Fuel Standard. The U.S. Attorney's office for the Southern District of New York has subpoenaed Icahn's company, Icahn Enterprises LP, for information on Icahn's work with the president on the RFS, according to a filing with the U.S. Securities Exchange Commission on Nov. 3."The U.S. Attorney's office for the Southern District of New York recently contacted Icahn Enterprises L.P.

Farm Bill Won't Come up in House in '17

Tax reform and federal budget issues in the final two months of the year will keep the House Agriculture Committee from advancing a farm bill until early next year.

USDA Chief Scientist Statement on WHO Guidelines on Antibiotics

The World Health Organization (WHO) has released recommendations regarding the use of antibiotics in agriculture. Dr. Chavonda Jacobs-Young, USDA Acting Chief Scientist, today issued the following statement: “The WHO guidelines are not in alignment with U.S. policy and are not supported by sound science. The recommendations erroneously conflate disease prevention with growth promotion in animals."“The WHO previously requested that the standards for on-farm antibiotic use in animals be updated through a transparent, consensus, science-based process of CODEX.

US ag equipment manufacturers eye Cuba before rules change

U.S. manufacturers appear to be racing the clock before the Trump administration tightens economic relations between the U.S. and Cuba. Over the last week, both John Deere and Caterpillar announced agreements with the Cuban government that might let the two Illinois-based companies sell farm tractors and other heavy equipment on the island. The occasion for this rush of activity was the annual Havana International Fair, Cuba’s largest commercial fair.

FDA Pesticide Analysis Shows Residue Levels Remain Low

According to a new FDA report, 98% of domestic and 90% of imported foods tested in FY 2015 were compliant with federal pesticide residue limits. The report covers fiscal year 2015 (Oct. 1, 2014 through Sept. 30, 2015), during which the levels of pesticide chemical residues in or on food generally remained well below established federal tolerances, or EPA limits, the report states. Additionally, no pesticide chemical residues were found in 49.8% of the domestic and 56.8% of the imported human food samples analyzed.


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