trade war

U.S., China, Far Apart in Trade War Talks

Dan Exports/Imports, Industry News Release, Trade

A Chinese delegation will travel to the U.S. as part of the ongoing trade war as both sides “remain far apart.” China said Thursday the delegation will meet with U.S. Treasury Undersecretary David Malpass to discuss trade issues. However, the South China Morning Post reports observers say the talks are unlikely to yield any breakthrough, but could lead to further …

nafta

NAFTA Talks Reach One-Year Mark, Close to U.S. Mexico Agreement

Dan Industry News Release, Trade

The North American Free Trade Agreement (NAFTA) renegotiation effort passed the one-year anniversary this week. A year ago Thursday, the U.S., Canada and Mexico convened for the start of the renegotiation talks. Now, the U.S. could be nearing a deal on NAFTA, at least with Mexico. Politico reports the political situation in both countries is such that each is more …

china

China Files WTO Complaint over U.S. Solar Tariffs

Dan Energy, Industry News Release, Trade

China’s latest shot in a tit-for-tat trade war is a World Trade Organization Complaint over U.S. solar tariffs. China filed a complaint with the WTO to help determine the legality of the U.S. policies, saying they not only harm China’s rights but also undermine the WTO’s authority, according to Reuters. China says the U.S. tariffs and the U.S. “decision to …

tariffs

Tariffs Could Cost Fruit and Nuts $3 Billion

Dan Exports/Imports, Industry News Release, Trade

Falling ag exports to China, India, Mexico and Turkey expected to lower prices The ongoing international trade turmoil between the U.S. and other countries has prompted import tariffs on many U.S. agricultural commodities in important export markets, which could hurt U.S. farmers. A new report released by the University of California Agriculture and Natural Resources’ Agricultural Issues Center estimates the …

export

Farm Export Prices Post Large Declines

Dan Exports/Imports, Industry News Release, Trade

U.S. agriculture export prices fell 5.3 percent last month. Data released by the U.S. Department of Labor shows the decline is the largest drop in farm exports since 2011. The decline in July followed a one percent decrease in June, which followed a 1.6 percent increase in May. The department says a 14.1 percent drop in soybean prices was the …

trump

Farm Futures Survey: Farmer Support for Trump Slipping

Dan Economy, Industry News Release, Trade

A poll by Farm Futures shows support to Donald Trump from farmers is slipping. The survey found that 60 percent of farmers would vote for the president if the election were held today. That’s down from the 75 percent support level Trump received from growers in the 2016 election. Meanwhile, 24 percent said they would not vote for reelection and …

tariffs

Next Round of Tariffs Set

Dan Exports/Imports, Industry News Release, Trade

The U.S. says it will begin imposing tariffs of 25 percent on an additional $16 billion in Chinese imports, further escalating the trade war between the two countries. The U.S. Trade Representative’s office says Customs will begin collecting the extra duties on 279 different product lines. The list includes a lot of industrial and machinery products. Agricultural machinery is on …