china talks

Trump Delays Tariff Hike Until December

Dan Economy, Industry News Release, Trade

(NAFB) —The Trump administration will delay part of a planned tariff increase on China until December. The U.S. Trade Representative’s office made the announcement Tuesday the administration would not implement the planned tariffs. Instead, the tariffs will be implemented December 15, 2019. USTR Robert Lighthizer says certain products are even being removed from the tariff list based on health, safety, …

total

China’s Buying Halt of U.S. Ag May Not Be Total

Dan Exports/Imports, Trade

Many in agriculture are concerned after it was announced this week that China was stepping away from purchasing U.S. farm imports after President Trump increased tensions by his proposal to add 10% tariffs on another $300 billion in Chinese imports starting September 1. And while some say this stoppage may not be total, it’s still not good news for many farmers …

farmers

China Trade Standstill More Bad News for Farmers

Dan Exports/Imports, Industry News Release, Trade

The following statement is fromAmerican Farm Bureau Federation President Zippy Duvall: “China’s announcement that it will not buy any agricultural products from the United States is a body blow to thousands of farmers and ranchers who are already struggling to get by. “In the last 18 months alone, farm and ranch families have dealt with plunging commodity prices, awful weather …

agricultural

Report Notes China Halting U.S. Agricultural Purchases

Dan Economy, Exports/Imports

According to Bloomberg News, China has announced they are stepping away from further U.S. farm imports after President Trump increased tensions with the U.S. biggest agricultural trading partner last week. The Chinese government has asked its state-owned enterprises to suspend purchases of U.S. agricultural products, people familiar with the situation said. Trump last week proposed adding 10% tariffs on another $300 …

agricultural

Commissioner Nikki Fried on China Halting U.S. Agricultural Imports

Dan Exports/Imports, Florida, Industry News Release

Tallahassee, Fla. (FDACS) – The Chinese government announced it will halt purchases of U.S. agricultural products, in response to President Donald Trump’s escalation of his trade war with China. Financial markets reacted with shock, calling it “massive…on a scale of 1 to 10, it’s an 11.” Earlier this year, China imposed 25 percent tariffs on many American agricultural products, which has been devastating …

china talks

More Trade Negotiations Not Tariffs

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — President Trump’s planned new tariff on all remaining Chinese exports to the U.S. is not going over well with American agriculture, despite the patience of many in farming with the tariff war, so far. A new 10 percent tariff on all remaining $300 billion in China’s exports to the U.S. will start September first because China gave no …

trump

Trump Plans Tariff Increase Against China

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — President Donald Trump plans to begin enacting additional tariffs on China to pressure negotiators to reach a trade agreement. Talks between the U.S. and China are scheduled again in September, according to the White House. President Donald Trump took the trade war to Twitter again Thursday afternoon, announcing additional tariffs against China starting in September. Trump says the …

trade

Farm Bureau Urges New Chapter in China Trade

Dan Exports/Imports, Industry News Release, Trade

(AFBF) — The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “All eyes will be on this week’s trade negotiations in China because reopening the door to one of the largest markets in the world is key to helping farmers get back on their feet. “We wholly support the Administration’s efforts to stop unfair trade …

agreement

Excited about Potential Opportunities for U.S. Beef in China

Dan Beef, Exports/Imports, Trade

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are in China this week for the first high-level, face-to-face discussions since the talks broke down in May. National Cattlemen’s Beef Association (NCBA) Senior Director of International Trade, Kent Bacus, says they are excited about potential opportunities for U.S. beef in China.

trump

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 …