Policy Update
Key trade talks continue ahead of July 9 deadline to increase tariffs.
White House downplays July 9 trade deadline.
Biodiesel makers warn of industry collapse without immediate tax credit extension.
Passage of the bill is seen as a prerequisite for unlocking trade agreements with nations including India, Japan, and Vietnam, and for addressing issues such as digital taxes on U.S. businesses abroad.
Senate GOP in scramble mode.
Just days after Immigration and Customs Enforcement (ICE) briefly paused most “enforcement investigations/operations on agriculture… restaurants and operating hotels,” the administration reversed course.
SCOTUS asked to rule on legality of Trump’s ‘Liberation Day’ tariffs.
Updates on trade deals, negotiations with UK, Canada and Japan.
Trade and geopolitics at the top of traders’ watch list.
Announcements on RFS levels and 45Z clean fuel credit imminent, possibly on Friday.