usmca

After Tariffs are Removed, What’s Next for USMCA?

Dan Exports/Imports, Legislative, Trade

The tariffs on Canadian and Mexican steel and aluminum imports are history, removing a key barrier to ratifying the U.S.-Mexico-Canada Trade Agreement (USMCA). However, Democrats are still not close to giving full support to the Trump Administration’s biggest trade victory. Agri-Pulse says Senate Minority Leader Chuck Schumer says, “There are still many other issues that are outstanding before Democrats would …

trump

Trump to Meet with Chinese President in June

Dan Exports/Imports, Industry News Release, Trade

President Donald Trump said last week he would meet with Chinese President Xi Jinping next month. The announcement comes as the trade war between the two largest economies in the world grew even more intense. Reuters says China has already announced it would retaliate on a host of American goods, ranging from frozen vegetables to citrus fruits to natural gas. …

section 232 tariffs

Industry Reactions on the Removal of Section 232 Tariffs

Dan Beef, Cattle, Dairy, Exports/Imports, Industry News Release, Pork

Agriculture Secretary Sonny Perdue U.S. Secretary of Agriculture Sonny Perdue released the following statement after the Section 232 tariffs were removed from Canada and Mexico. “Today’s announcement is a big win for American agriculture and the economy as a whole. I thank President Trump for negotiating a great deal and for negotiating the removal of these tariffs. Canada and Mexico …

usmca

Farm Bureau Calls for Quick Resolution on China Trade

Dan Exports/Imports, Industry News Release, Trade

America’s farmers need a swift resolution to the ongoing trade war between the U.S. and China, American Farm Bureau Federation President Zippy Duvall said in a letter to President Trump. The six-year downturn in farm prices that has produced “near-unprecedented economic uncertainty and hardship” is worsening as a result of Chinese tariffs, he wrote. “U.S. farmers and ranchers now face …

talks

U.S. and China Increase Tariffs, No Deal From Talks

Dan Exports/Imports, Trade

China trade talks continued last week but ended with very little progress and an increase in current tariffs. The U.S. and China were meeting last week to talk about the ongoing trade dispute between the two nations. Reports claim that very little was accomplished during the meetings however the indication is they didn’t go wrong. Some officials were surprised talks …

trump

Trump Says Tariffs on China to Increase

Dan Exports/Imports, Industry News Release, Trade

Trade officials from China are in Washington, DC this week as the Trump administration places further pressure on China to reach an agreement with the United States. Trump will increase tariffs on China Friday, saying talks between the two nations are going too slowly. On Twitter, Trump states he will increase tariffs on $200 billion of goods from 10 to …

farmers

Trade War Only Getting Worse for Soy Farmers Fearful for their Future

Dan Economy, Industry News Release, Soybeans

Confirmation of Tariff Hikes Planned on Chinese Goods another Personal Blow to Growers In what could easily be described as “worst case” for America’s soybean growers, the Trump Administration has confirmed what the industry has feared for months: Heavier tariffs on Chinese goods are planned for Friday, May 10. “This is a predicament for soy growers,” said Davie Stephens, a …

soybean

Soybean Growers Unhappy with President Trump’s Comments on Keeping Tariffs in Place under a China Agreement

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

The American Soybean Association (ASA) is not pleased with recent comments from President Trump that he could leave tariffs in place under an agreement with China. ASA has always considered the lifting of the Section 301 tariffs by the U.S. in exchange for China removing its retaliatory 25 percent tariff on U.S. soybean imports as essential to any initial agreement …

agricultural

U.S., China to Continue Trade Talks This Week

Dan Exports/Imports, Industry News Release, Trade

The U.S. and China will continue talks this week that will hopefully lead to an end to the trade war between the two economic superpowers. A Reuters article says sources from both sides feel the recent negotiations kept things moving forward. The Trump Administration still seems committed to the March 1 deadline to reach a deal or raise tariffs on …

dairy farmers

U.S. Dairy Industry Supports Changes to Section 232 Process

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

The U.S. dairy industry endorsed bipartisan, bicameral legislation to reform a powerful White House trade tool to ensure it is used as intended by Congress to respond to genuine national security threats. Rolling back current retaliatory tariffs and keeping others from forming in the future is the dairy industry’s top trade priority. America currently sends 16 percent of its dairy …