But the fact remains that Trump “Tariff Man” trade wars have been disastrous for all of us. A 2019 report by the Brookings Institution estimated ongoing trade wars cost the U.S. hundreds of thousands of jobs and potentially billions in economic growth. Washer and dryers, for example, are now 12 percent more expensive now than before Trump waged his trade war.
Government: Hungary remains GMO-free
The Hungarian government is not planning to change its strategy of keeping the country’s agriculture free of GMOs, the agriculture ministry said on Thursday, noting that the European Union had started negotiations on the regulation of new genetic technologies (NGT).
According to a draft published by the European Commission last week, produce created using NGT would fall into two categories, the first of which would no longer be governed by current GMO regulations, the ministry said, adding that in the absence of any prior risk assessment, labelling or monitoring, organisms may enter the environment. As for the second category, licensing procedures would be made much easier, “with far less data and impact analyses than that which apply to existing GMO“. Moreover, in the case of some organisms, “follow up would be absent and any harmful effects would never be assessed.”
Read the full text here