tariffs

EU Imposes Retaliatory Tariffs on the U.S.

Dan Exports/Imports, Industry News Release, Trade

The European Union’s (EU) response to Trump’s steel and aluminum tariffs take effect Friday, June 22, 2018. The EU will be charging import duties of 25 percent on a range of U.S. goods. Reuters reports that the European Commission formally adopted a law putting in place the duties on 2.8 billion euros, or $3.2 billion, worth of U.S. goods, including …

fake meat

Cattlemen Dealing with Fake Meat and Trade

Dan Beef, Florida, Trade

  There are various issues facing cattle producers across the country right now, but two of the top ones are fake meat and trade. While attending the 2018 Florida Cattlemen’s Association Convention and Trade Show in Orlando, National Cattlemen’s Beef Association (NCBA) President Kevin Kester talked with AgNet Media’s Gary Cooper about both of those issues. Cattlemen Dealing with Fake …

heitkamp

Heitkamp: Trade War Strikes at Rural Economies

Dan Industry News Release, Trade

North Dakota Senator Heidi Heitkamp says if President Trump follows through with tariffs on China announced this week China’s retaliation would be “both strong in quantity and gravity.” The comments come as China indicated it would impose retaliatory trade barriers that are against U.S. goods if the administration follows through with the threat, causing soybean prices to plummet to a …

china

Trump Escalates Trade War with Additional Talks of Tariffs

Dan Exports/Imports, Industry News Release, Trade

President Donald Trump is taking the trade war with China to an unprecedented level that would impose tariffs on nearly every export China sends to the United States. Following the announcement Monday night by Trump that he is seeking an additional $200 billion worth of tariffs, China is looking to retaliate, again. Trump says if China does, he would seek …

trade war

Trade War Costly for U.S. Farmers

Dan Exports/Imports, Industry News Release, Trade

The trade war between the U.S. and China is proving to be costly to U.S. farmers, just as President Trump announced the intent for further tariffs, escalating the tense state of affairs. University of Illinois agriculture economist Scott Irwin this week on Twitter says the outlook has “moved into disaster territory,” specifically, regarding soybeans. Jim Bower of Bower Trading in …

farmers

Farmers for Free Trade Places More Anti-Trade War Advertising

Dan Exports/Imports, Industry News Release, Trade

Farmers for Free Trade is again placing advertisements on cable television showing an on-the-ground look at how current trade disputes are damaging export markets for U.S. farmers. In conjunction with the U.S. Apple Association, the advertisement targets the retaliations to the Section 232 tariffs that include U.S. apples. Airing on television news networks frequently watched by President Trump, the advertisement …

nppc

NPPC Testifies at USTR Hearing on Thailand’s GSP Eligibility

Dan Exports/Imports, Industry News Release, Pork, Trade

At a U.S. Trade Representative hearing, the National Pork Producers Council (NPPC) called for Thailand’s preferential access to the U.S. market to be revoked or reduced if it does not end its unwarranted ban on U.S. pork. Thailand is a top beneficiary of the U.S. Generalized System of Preferences (GSP) program, which gives duty-free treatment to certain goods entering the …

trump

Trump Set to Launch Tariffs Against China

Dan Exports/Imports, Industry News Release, Trade

President Donald Trump could impose tariffs on Chinese good Friday, or perhaps next week, according to Politico. Sources say the imminent move faces a Friday deadline for publishing a final list of goods that will be hit with the 25 percent tariff. However, the order for the products list deadline does not offer a timeline on when the tariffs will …