Source: Jared Strong, VIRGINIA MERCURY, 8/22/22

The United States could take international trade actions that might have an immediate impact on operating costs for farmers and the markets available for their crops, but the Biden administration has opted for a longer-term strategy, one of the nation’s top emissaries said Thursday during a trip to a central Iowa farm. “When we are building toward more of a resilient economy and global economy, there’s a transition that we need to go through,” said U.S. trade representative Katherine Tai. “We can’t just throw the switch and change the course of 20, 30, 40 years of trade policy. … If we know where we’re trying to go, we have to enable the changes that take time to be made.”

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