wto

WTO Rules against US over Pre-Trade War Dispute with China

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — The World Trade Organization (WTO) ruled against the United States in a pre-trade war dispute with China, opening the door for more retaliatory tariffs. The ruling says some U.S. tariffs on Chinese goods do not comply with WTO rules. The case opened in 2012 when the United States implemented tariffs aimed at products the U.S. claimed “were unfairly …

agricultural

Trump: China Letting U.S. Down on Lack of Agricultural Purchases

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — President Donald Trump says China “is letting us down” by not purchasing U.S. agricultural products. China is not buying U.S. ag products as Trump says its leaders promised as part of an effort to negotiate towards ending the trade war. Trump and Chinese President Xi Jinping at the G-20 Summit last month agreed to move forward with negotiations …

pork industry

ASF Claims More Territory in Asia

Dan Industry News Release, Pork

A Pork Checkoff news release says in just 30 days, the African Swine Fever (ASF) Virus is claiming more territory across all parts of Asia. Statistics from the Food and Agriculture Organization say that ASF is now in Cambodia, China, Laos, Mongolia, North Korea, and Vietnam. Experts predict its relentless march won’t stop there. The death loss continues to grow. …

china

U.S., China Reach Tentative Truce on Tariffs

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — The U.S. and China have agreed to forgo the next round of tariffs that President Trump threatened to impose on $300 billion in Chinese goods. That report comes from both Politico and the South China Morning Post. It comes ahead of a meeting between Trump and Chinese President Xi Jinping this weekend at the G-20 Summit in Osaka, …

wto

Perdue Says Farmers Are “A Casualty” in Trade War

Dan Economy, Industry News Release, Trade

(NAFB) — Secretary of Agriculture Sonny Perdue acknowledged in an interview earlier this week that farmers are “casualties” in President Trump’s trade war with China. Perdue told CNN he didn’t think a trade deal was likely this weekend when Trump and Chinese President Xi meet in Japan. He’s now hoping a deal can be reached by the end of this …

trump

Trump on China Trade Talks and Mexico Immigration Deal

Dan Exports/Imports, Industry News Release, Labor and Immigration, Trade

(NAFB) President Trump says in a hopeful sign for renewed trade talks with China, that he expects to meet with President Xi Jinping on the sidelines of a G20 summit in Japan later this month. Trump, speaking to reporters in the Oval Office during a meeting with Poland’s president, now says he plans to meet with China’s Xi Jinping this …

pork producers

U.S. Pork Producers Seek Main Course, Not Crumbs

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

China Represents Single-Greatest Sales Opportunity in U.S. Pork History Expanding U.S. export markets is vital to the success of American pork producers, but trade disputes with some of our top markets, most notably China, are hampering growth and have caused severe financial harm to U.S. hog farmers, National Pork Producers Council Vice President and Counsel of Global Government Affairs Nick …

ag economy barometer

Farm Outlook Continues Slide in Ag Economy Barometer

Dan Economy, Industry News Release

The Ag Economy Barometer dropped again in May. The barometer reading of 101 was 14 points lower than a month earlier and was the lowest barometer reading since October 2016. For the second month in a row, the decline in farmer sentiment was attributable to big declines in both the Index of Current Conditions, which fell from 99 in April …

african swine fever

African Swine Fever Now In North Korea

Dan Pork

North Korea is now on the list of Asian countries infected by African Swine Fever. The industry website Meating Place Dot Com says the country’s ministry of agriculture confirmed the first outbreak took place on May 23. The World Organization for Animal Health says the outbreak resulted in 77 pigs dying from the disease, while another 22 pigs were culled …