The U.S. will shield a list of allies including Europe, Australia, South Korea, Argentina and Brazil from steel and aluminum tariffs that take effect on Friday, according to U.S. Trade Representative Robert Lighthizer.
The U.S. pork industry is excited about the potential of sending U.S. pork to Argentina – a market that hasn’t been available to U.S. pork for 26 years. One province, however, is balking at the deal.
It was already looking bad for Argentina’s drought-stricken farmers. Now, it could get even worse, with the nation’s soybean crop at risk of plunging to its lowest in nine years.
Farmers worldwide are feeling the pinch as fuel costs rise to near four-year highs just as they plant and harvest their fields, eroding agricultural income already hamstrung by depressed crop prices.
