Tai: No need to panic over agricultural trade deficit

The U.S. agricultural trade deficit should not be cause for alarm, U.S. Trade Representative Katherine Tai said on Friday, contending the numbers are indicators of a strong American economy. In remarks at the Agriculture Department’s 100th annual Outlook Forum , Tai said U.S. agricultural imports were growing and nodded to what she called a “slight trade deficit in U.S. agricultural trade for 2023.” “I want to tell you that ... this should not be cause for alarm,” she said. “On...