No one has officially declared ‘war’ in the way of trade between the U.S. and China, but the nations are no doubt in the makings of a trade war. President Donald Trump insisted that “we are not in a trade war with China.” However, China fired back a proposed list of tariffs less than 24 hours after the Trump administration …
Groups Respond to Proposed Chinese Tariff Announcement
From American Farm Bureau Federation (AFBF) The following statement on the Chinese tariff announcement may be attributed to American Farm Bureau Federation President Zippy Duvall: “Farmers and ranchers are, by necessity, patient and optimistic. We know markets ebb and flow. But China’s threatened retaliation against last night’s U.S. tariff proposal is testing both the patience and optimism of families who …
Peanuts Not Included in China Retaliation
It was announced that China is moving forward with retaliatory tariffs on some U.S. agricultural products. But according to Tyron Spearman, so far that does not include peanuts. Peanuts Not Included in China Retaliation
Ag Trade Group: China Tariffs a Tax on Farmers
A U.S. agricultural trade group says the tariffs announced by China are a tax on U.S. agriculture. Farmers for Free Trade, a coalition formed to promote agricultural trade, says the tax stems from protectionist trade policies by the Trump administration. Max Baucus, the organization’s Co-Chair, says the new tariffs “are a drag” on farmers struggling to make ends meet with …
China Enacts Tariffs Targeting U.S. Pork
China is moving forward with retaliatory tariffs on U.S. products, including the 25 percent tariff on U.S. pork. China’s Ministry of Finance announced Sunday it will suspend duty reductions on select imported goods from the United States. In the announcement, China says the Trump administration’s steel and aluminum imports to the U.S. violate World Trade Organization rules, and “did not …
Agri View: Bad Trade Deal for Agriculture
Everett Griner talks about the United States leaving TTP hurting agriculture in today’s Agri View. Bad Trade Deal for Agriculture Well, all 12 nations that make up the Trans-Pacific Partnership (TPP) have signed the agreement. All except one. That one is us. The United States. Our President has already announced that we are out. The country’s wheat farmers fear this …
NAFTA Talks Facing Possible Turning Point
NAFTA talks are facing a possible turning point this month that will yield either a breakthrough or even the suspension of talks. Mexico’s Congress wraps up its regular session on April 30th. The country is widely expected to elect a new anti-NAFTA president on July 1st, and the U.S. holds key midterm congressional elections in November. Against that backdrop, the …
Farmers for Free Trade Continues Ad Campaign Aimed at President Trump
Farmers for Free Trade released another television ad on Thursday as part of the effort to highlight the damaging impact retaliation from a series of new tariffs will have on critical ag exports. The new spot features Indiana corn and soybean grower Brent Bible, whose soy operation relies on exports to China, as do many more across the country. “I’m …
Ag Groups Get a Face-to-Face with USTR Negotiator
The U.S. Trade Representative’s new chief agricultural negotiator opened his doors on Friday to major agriculture industry groups. Greg Doud invited them in for meetings to discuss priorities and concerns about the North American Free Trade Talks and other trade negotiations. Farm groups representing commodity producers and agricultural processing associations likely expressed a lot of fears that tariffs against China …
Chinese Ambassador on Possible Soybean Trade Sanctions
As the world’s two largest economies appear to be moving closer to a possible trade war, U.S. Ambassador Terry Branstad is warning China about the consequences of trade sanctions on U.S. soybeans. Branstad told Bloomberg Television that any attempts to cut down on U.S. soybean imports would hurt Chinese consumers more than it would American farmers. The crop provides a …