WASHINGTON, D.C. (RFD-TV News) — Hopes for a U.S. trade deal with India may have hit a wall, with both sides signaling there is little room left for compromise.
India’s finance minister says negotiations have reached a “plateau.” U.S. Trade Representative Jamieson Greer also recently said a deal is not imminent, although talks remain ongoing.
The U.S. ran a $58 billion trade deficit with India last year, and expanding access to the Indian market remains part of the negotiations.
For U.S. farmers, a potential agreement could create new export opportunities if the two sides eventually reach a deal.
Drought and changing cattle supplies could keep pressure on producer margins through the end of the year.
China remained the leading destination for U.S. soybeans as weekly sales declined.
Early imports under the temporary quota remain well below the amount allowed.
New research shows AI investment helped support the economy as tariffs increased.
Lawmakers say import surges are driving down U.S. avocado prices and threatening domestic production.
Source: www.rfdtv.com
