Katherine Tai

Ag is sole bright spot in Sino-U.S. trade

So far this year, U.S. exports to China are running at 2021's level and there is little reason to expect improvement in the near term, said analyst Chad Bown of the Peterson Institute for International Economics on Monday. "While agriculture overall remains a U.S. export bright spot in 2022, products like pork, wheat, and corn face new worries," he wrote.

India agrees to allow imports of U.S. pork

After years of U.S. prodding, India has agreed to allow imports of U.S. pork and pork products, said the Biden administration on Monday. Despite being the second-most populous nation on earth, India imports small amounts of pork at present, but U.S. farm groups believe there is great potential for sales.