export markets

Groups Comment on Farmer Aid Package

Dan Industry News Release, Trade

American Farm Bureau Federation The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “The $12 billion package of agricultural assistance announced by the administration will provide a welcome measure of temporary relief to our farmers and ranchers who are experiencing the financial effects of the trade war. This should help many of our farmers and …

agriculture exports

USDA Assists Farmers Impacted by Unjustified Retaliation

Dan Industry News Release, Trade

U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture (USDA) will take several actions to assist farmers in response to trade damage from unjustified retaliation. President Trump directed Secretary Perdue to craft a short-term relief strategy to protect agricultural producers while the Administration works on free, fair, and reciprocal trade deals to open more markets in the …

peanut grower

Senate to Hold Trade Hearing This Week

Dan Industry News Release, Legislative, Trade

U.S. Trade Representative Robert Lighthizer will be the only witness to give testimony during a hearing this week before a Senate Appropriations Subcommittee. Lighthizer is one of the key Trump administration members at the center of the president’s trade strategy that’s led to retaliatory tariffs from China, Mexico, Canada, the European Union, and others. Many of those tariffs are hitting …

china

Perdue: Tariffs not the Ultimate Answer

Dan Industry News Release, Trade

“Tariffs are not the ultimate answer,” says Agriculture Secretary Sonny Perdue. Speaking to the Washington International Trade Association, Perdue told the group tariffs are rather “a tool to get people’s attention” so both teams “play by the same rules.” Politico reports that Perdue recognized retaliation by China, Mexico, Canada and the European Union to Trump’s tariffs was causing pain in …

corker

Perdue: Farmers Can’t Pay Bills on Patriotism

Dan Economy, Industry News Release, Trade

Agriculture Secretary Sonny Perdue Tuesday called farmers “some of the best patriots in America,” while speaking at an event, but said farmers “can’t pay the bills with patriotism.” Perdue made the comments at Axios 360, an event held by news website Axios, in Washington, D.C. Tuesday morning. Perdue says farmers and ranchers are “bearing the brunt” of the ongoing trade …

corker

U.S. Says Retaliatory Tariffs Unjustified in WTO Complaint

Dan Exports/Imports, Industry News Release, Trade

The U.S. struck back at retaliating nations this week, filing a complaint with the World Trade Organization (WTO). The U.S. complaint says the steel and aluminum tariffs imposed by the Trump administration were justified, but claim retaliation in response to the tariffs from trading partners was not justified. The complaint includes China, the European Union, Turkey, Canada and Mexico. In …

grain trade

U.S.-China Dispute Harming Canadian Soybean Growers

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

Soybean farmers in Canada are feeling the impact of the U.S.-China trade war as soybean prices decline. CNBC reports that while Canadian soybean farmers could see an increased market share from importing nations, experts say the current soybean market plays a much more significant role. Since April, soybean futures have dropped nearly 20 percent in the United States, and Canadian …

agricultural

Chinese Trade Surplus with U.S. Hits High Amid Tariff Concerns

Dan Exports/Imports, Industry News Release, Trade

The Chinese trade surplus with the United States hit a record number in June as its exports grew at a solid pace, something that could possibly make a trade dispute with Washington, D.C., that much worse. A Nasdaq.com article points out that it could be a “one-off” as Chinese exporters were rushing to get shipments out before tariffs went into …

china phase one

U.S. to Further Implement Trade Tariffs

Dan Industry News Release, Trade

The U.S. plans to implement more tariffs on China as part of an ongoing trade war between the two countries. In a statement released this week, U.S. Trade Representative Robert Lighthizer says he was ordered by President Trump to begin the process of imposing tariffs of ten percent on an additional $200 billion of Chinese imports. The tariffs will follow …