Consensus elusive for Senate reform of ‘national security’ tariffs
Senate Finance chairman Chuck Grassley conceded one point this week: Steel and aluminum will be excluded from any reform of presidential power to impose tariffs based on national security interests. Even so, there is no agreement among senators on how Congress should reassert its authority over international trade.
House Democrats stress USMCA enforcement in meeting with Trudeau
The House Democratic task force on the so-called new NAFTA “has made substantial progress” with U.S. trade representative Robert Lighthizer on modifications to the tri-national agreement, said a statement from the Ways and Means Committee on Wednesday.
TODAY’S QUICK HITS
The next fake meat? Pork. (Bloomberg): Impossible Foods, the maker of plant-based faux meat, is looking to expand into pork, and hopes to move into the Chinese market.
Hottest October ever (Phys.org): Last month was 1.25 degrees F warmer than the average October from 1981 to 2010, making it the hottest October ever recorded worldwide, said the EU’s Copernicus Climate Change Service.
Brazil sets quota on tariff-free wheat (Reuters): Following through on a promise made during a White House visit, the administration of Brazilian president Jair Bolsonaro announced a duty-free wheat import quota of 750,000 tonnes, which is expected to benefit growers in the United States, Canada, and Russia.
How about a hemp checkoff? (Hemp Industry Daily): USDA official Heather Pichelman said the industrial hemp sector “has clearly shown interest” in a grower-funded checkoff program to promote hemp. Such a program would need support from all sections of the industry, she said.
Urban-rural college gap (Inside Higher Ed): Although the gap has narrowed in the past decade or two, students from rural America are still less likely than their urban counterparts to enroll in college or earn a degree.