steel

Steel and Aluminum Tariffs Cancel Benefits of USMCA

Dan Exports/Imports, Industry News Release, Trade

Steel and aluminum tariffs by the U.S. will hurt agriculture more than NAFTA 2.0 will help. The updated North American Free Trade Agreement, known as the U.S.-Mexico-Canada Agreement (USMCA), would grow U.S. agricultural exports by $450 million a year, according to the Farm Foundation. However, the organization says the retaliatory tariffs in response to the tariffs that President Donald Trump …

usda

USDA Planning Trade Aid Round Two Distribution

Dan Economy, Industry News Release, Trade

The Department of Agriculture (USDA) is readying round-two of trade mitigation payments for farmers. The payments are the second half of the $12 billion program by the Trump administration to compensate farmers for losses stemming from Trump’s trade agenda. Agriculture Secretary Sonny Perdue said he doesn’t expect the payments “any later than December,” according to Politico. USDA previously used about …

dairy farmers

Dairy Farmers Ask Trump Administration to Provide Needed Compensation for Lost Trade

Dan Dairy, Industry News Release, Trade

U.S. dairy farmers at their annual meeting asked President Donald Trump to recognize the significant economic losses milk producers are suffering because of the administration’s implementation of Section 232 and 301 tariffs. The duties have resulted in retaliatory tariffs against U.S. dairy exports, particularly in Mexico and China. They continue to cause severe economic harm to U.S. dairy farmers, according …

tariffs

U.S. Planning Another Round of China Tariffs

Dan Industry News Release, Trade

The United States is readying more tariffs against China if there is no positive momentum following a meeting between President Trump and China’s President Xi Jinping. Bloomberg News reports the new round will be announced if the talks during the G20 summit between the two fails. The new round, proposed to be announced in early December, would apply to imports …

steel

Canada, Mexico, Want Steel and Aluminum Tariffs Lifted

Dan Industry News Release, Trade

Canada and Mexico want the U.S. to remove steel and aluminum tariffs now that a NAFTA 2.0 framework is in place. Canada has asked the U.S. to lift the tariffs “as soon as possible.” Mexico’s top negotiator for the North American Free Trade Agreement, now the U.S.-Mexico-Canada Agreement, says Mexico should not sign the agreement until the tariffs have been …

nmpf

NMPF Asks USDA to Bolster Dairy Aid Package

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

The U.S. Department of Agriculture (USDA) needs to better reflect the dairy-farm incomes lost to tariff retaliation when it calculates its next round of trade mitigation payments, the National Milk Producers Federation (NMPF) said. In a letter sent Tuesday to Agriculture Secretary Sonny Perdue, NMPF Chairman and dairy farmer Randy Mooney cited four studies illustrating that milk producers have experienced …