The Foreign Adversary Risk Management (FARM) Act would include the Secretary of Agriculture on the special government committee that approves foreign investment and ownership of businesses for national security. Issues with CFIUS have come up in the past as lawmakers have complained about the lack of agricultural representation.
U.S. Trade Ambassador Katherine Tai on Monday laid out the Biden administration s view of China trade, indicating the array of tariffs placed on more than $350 billion of Chinese imports would remain. Tai also opened the prospect that U.S. importers could receive tariff exclusions in some cases.
Infection rates and death rates in rural America have jumped dramatically since the beginning of August. Over the past few weeks, vaccinations in rural America have increased, but the vaccination rate still remains behind metro areas.
A U.S. district judge issued a temporary restraining order Thursday blocking USDA from paying any loan debt to socially disadvantaged farmers while other court filings are considered.