South Dakota Senator John Thune went to the Senate floor Thursday to criticize the Biden Administration’s agricultural trade agenda. “Last year, the United States posted a $16.6 billion agricultural trade deficit and that trade deficit, believe it or not, is projected to be nearly twice as large this year in an area of our economy where typically we have run historically trade surpluses,” emphasized Thune. “This would be bad enough on its own but it’s particularly distressing at a time of economic uncertainty for a lot of farmers and ranchers.” Thune said the Biden Administration isn’t negotiating any new free trade agreements and putting the U.S. at a competitive disadvantage.
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