Ag trade outlook with new administration

Ag trade outlook with new administration

Ag Policy Professor Ian Sheldon with Ohio State University expects several changes to ag trade policy under a new administration.

“In terms of tariffs, I think we’re most likely to see a more targeted use of tariffs with specific focus where there is violation of trade rules by our trading partners,” he says.  

He says presumed President-Elect Joe Biden is expected to support WTO reform.

“I think you’ll see the administration focus much more on support for reforms to WTO rules and that the US may well be seeking leadership in setting those trade rules,” he says.

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