# Chairman Smith Opening Statement - Hearing with U.S. Trade Representative Tai - Ways and Means

> Ways and Means Chairman Adrian Smith criticized the Biden administration's trade agenda at a hearing with USTR Katherine Tai, including its handling of the USMCA dispute over Mexico's GM corn restrictions. Smith said the administration has failed to enforce existing trade agreements.

- Date: 2024-04-16 · published 2024-04-16T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/30704-chairman-smith-opening-statement-hearing-with-u-s-trade-representative-tai-ways
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The political pressure on enforcing USMCA may push the US to pursue the Mexico corn dispute more aggressively, but the hearing itself does not change near-term corn trade flows.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-04-04 | [Opening Statement: Subcommittee Chairman Rick Crawford: General Farm Commodities and Risk Management Subcommittee Hearing: The Next Farm Bill: Commodity Policy Part II \| House Agriculture Committee](https://feedsoft.ai/events/71480-opening-statement-subcommittee-chairman-rick-crawford-general-farm-commodities.md) | -0.2% | +0.2% |
| CORN | 2019-06-16 | [Senate Agriculture Committee Trade Hearing- USMCA, China, and MFP Payments](https://feedsoft.ai/events/58573-senate-agriculture-committee-trade-hearing-usmca-china-and-mfp-payments.md) | -0.8% | -0.8% |
| CORN | 2024-07-01 | [USTR Presents Oral Argument Before USMCA Biotech Corn Dispute Panel \| United States Trade Representative](https://feedsoft.ai/events/29231-ustr-presents-oral-argument-before-usmca-biotech-corn-dispute-panel-united.md) | +0.4% | +2.1% |
| CORN | 2024-10-01 | [Feenstra, Kildee Lead Letter Urging USDA and USTR to Engage with Newly Elected Mexican President over Mexico’s Ban on American Corn Imports \| Representative Randy Feenstra](https://feedsoft.ai/events/27819-feenstra-kildee-lead-letter-urging-usda-and-ustr-to-engage-with-newly-elected.md) | +0.2% | -2.4% |
| CORN | 2022-03-29 | [EP. 31 - Smooth Sailing on River Transportation Infrastructure, with Jim Tarmann and Tracy Zea](https://feedsoft.ai/events/16724-ep-31-smooth-sailing-on-river-transportation-infrastructure-with-jim-tarmann.md) | +2.7% | +4.0% |

## Sources

- waysandmeans.house.gov: https://waysandmeans.house.gov/2024/04/16/chairman-smith-opening-statement-hearing-with-u-s-trade-representative-tai/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.