Food Waste Prevention Week and US-China Tariff Reduction
From the Western Ag Network, I’m Bob Larson with your Agribusiness Update.
**Washington communities are taking action to keep food out of landfills and support a healthier, more resilient food system.
This week, Tribes, communities, local governments, food access groups, colleges, farmers markets, and nonprofits will host events to help residents learn practical strategies for reducing food waste.
Food Waste Prevention Week highlights community powered solutions that keep food in use, support local farms, and reduce climate pollution, while helping families save money.
**The U.S. and China have agreed to reduce tariffs on $60 billion worth of goods traded between the two countries, including several major U.S. ag commodities.
Under the U.S.-China Board of Trade, each country recommended $30 billion in goods for more favorable tariffs.
U.S. Trade Representative Jamieson Greer says the move would improve market access for about 30% of U.S. exports to China.
Both sides agreed to extend their broader trade truce.
**New USDA data is providing a more detailed look at foreign interests in U.S. agricultural land, amid increased attention to foreign farmland investment.
The Agricultural Foreign Investment Disclosure Act requires foreign persons to report interests in U.S. agricultural land.
USDA's latest report shows 46.3 million acres of agricultural land had a reported foreign interest as of December 2024, up 1.3 million acres from the previous year.
