Richard Morrison is based out of the Informa Economics Washington, D.C. office, where he contributes to IEG Policy and other Informa Economics products and client services. He maintains a keen interest in the intersection of politics and economics, a passion of his since before college.
Since joining Informa, Richard has written extensively on the effect that government policy and market dynamics have on the agriculture and food sectors – in the US and globally. Being a Millennial, Richard leads the Washington news team in monitoring and developing items for social media.
He is a native of rural central Virginia and received his bachelor’s degree in economics from George Mason University.
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Latest From Richard Morrison
Enforcement of provisions the US-Mexico-Canada Agreement (USMCA) – especially related to labor and the environment – and details of the exclusion process for increased tariffs on $200 billion in Chinese goods, were key topics during a Senate Finance Committee hearing today (June 18) featuring US Trade Representative (USTR) Robert Lighthizer.
President Donald Trump has instructed EPA Administrator Wheeler and USDA Secretary Perdue to come up with more ways to boost the ethanol sector, according to reports. Meanwhile, China will suspend imports from a Canadian firm after detecting ractopamine in shipments and attention remains on moves by central banks this week.
Suspension of a World Trade Organization (WTO) dispute panel investigation into China's assertion that it should be treated as a market economy in antidumping investigations by the European Union (EU) was requested by Beijing and granted June 14.
New transparency and procedural requirements for small refiner exemptions (SREs) under the Renewable Fuel Standard (RFS) would be imposed under bipartisan legislation introduced in the Senate by Sens. Deb Fischer (R-Neb.) and Tammy Duckworth (D-Ill.).
Commerce Secretary Wilbur Ross downplayed expectations for a potential meeting between President Donald Trump and Chinese President Xi Jinping at this month's Group of 20 (G20) summit. Meanwhile, the Office of the US Trade Representative (USTR) is gathering public input this week on plans to levy new tariffs on some $300 billion in Chinese goods, and the US asked a WTO dispute panel looking into Chinese intellectual properties to pause its work until the end of the year.
USDA announced signup for the new Dairy Margin Coverage (DMC) program will begin June 17, meeting a schedule announced earlier this year. Meanwhile, potato producers joined calls across the food an ag sector urging approval of the US-Mexico-Canada Agreement (USMCA) and India will reportedly increase duties on several US ag goods.