trade aid

New Trade Aid Likely Days Away

Dan Economy, Industry News Release, Trade

Department of Agriculture officials say support for farmers dealing with depressed markets will be made available quickly. President Donald Trump has promised farmers $15 billion in aid following the latest round of tariffs implemented Friday. Speaking to farm broadcasters Tuesday, a slew of USDA officials discussed the new aid being prepared for farmers. USDA undersecretary for trade and foreign agricultural …

perdue

Perdue Urging Japan to Reach a Quick Trade Deal

Dan Exports/Imports, Industry News Release, Trade

Ag Secretary Sonny Perdue says President Trump is looking forward to a trade deal with Japan “sooner rather than later.” The website FXStreet.com says Perdue called on Japan to quickly strike a trade deal with Washington that would cover farm products and a host of other goods. Perdue says the two countries can’t kick the trade can down the road …

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 …

western hemisphere

Western Hemisphere Agriculture Leaders on Food Security and Ag Trade

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

Western Hemisphere agriculture leaders met on the margins of the G-20 Agricultural Ministerial in Niigata, Japan, affirming their intent to work together to champion global food security and agricultural trade on the basis of sound science and risk analysis principles. Following the meeting, top agricultural officials from Argentina, Brazil, Canada, Mexico, and the United States issued the following statement.  “Together, …

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 …

agreement

Outlook for May China Agreement Positive

Dan Exports/Imports, Industry News Release, Trade

Optimism is growing that the U.S. and China could wrap up a trade agreement this month. Trade officials from the U.S. and China concluded talks in Beijing Wednesday with another critical round scheduled for next week in the United States. The Trump administration has appeared to be ready to walk away if an agreement isn’t reached soon. However, Treasury Secretary …

commissioner nikki fried

Mexican Labor Bill a Step towards USMCA

Dan Trade

Lawmakers in Mexico this week took a step towards implementing the U.S.-Mexico-Canada Agreement (USMCA) that will replace the North American Free Trade Agreement. Mexico’s Senate approved a bill that overhauls the country’s labor code. The move was a precondition for U.S. Democrats in the House of Representatives for considering the agreement. Bloomberg News reports Mexican lawmakers raced to pass the …

commissioner nikki fried

Congress Returns with Push for USMCA

Dan Exports/Imports, Industry News Release, Trade

Lawmakers are returning to Washington this week with a renewed industry push to approve the U.S.-Mexico-Canada Agreement (USMCA). Following the International Trade Commission Report, few steps remain to reach implementation. Vice President Mike Pence touted the deal during a stop in Michigan last week, and a road tour from Farmers for Free Trade crossed the country building support for passage …