tariffs

EU Imposes Retaliatory Tariffs on the U.S.

Dan Exports/Imports, Industry News Release, Trade

The European Union’s (EU) response to Trump’s steel and aluminum tariffs take effect Friday, June 22, 2018. The EU will be charging import duties of 25 percent on a range of U.S. goods. Reuters reports that the European Commission formally adopted a law putting in place the duties on 2.8 billion euros, or $3.2 billion, worth of U.S. goods, including …

mexico

Mexico Turning to EU and Others to Replace U.S. Pork Imports

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

Mexico is turning to the European Union and Latin America to offset any potential declines in U.S. pork imports. Mexico recently announced a 20 percent tariff on U.S. pork shoulders and legs starting next month in response to steel and aluminum tariffs placed on Mexico by the Trump administration. Mexican officials told Politico the nation will allow 350,000 tons of …

mexico

More Tariffs From Mexico Planned

Dan Exports/Imports, Industry News Release, Trade

More tariffs are expected from Mexico after the nation announced its 20 percent tariff on U.S. pork earlier this week. The list of tariffs from Mexico includes apples, cheeses, potatoes, cranberries, and “Tennessee” and bourbon whiskies, among other items. Mexico is responding to U.S. steel and aluminum tariffs enacted by President Trump and put into place last week, after exempting …

agriculture

Agriculture Groups Oppose Tariffs

Dan Exports/Imports, Industry News Release, Trade

The White House announced that it plans to impose tariffs on steel and aluminum imports from the European Union, Canada and Mexico. And many fear that will trigger potential retaliatory actions against American agriculture. Thus, various groups have sent out releases voicing their opposition to these tariffs. National Pork Producers Council NPPC Statement on Latest Steel and Aluminum Tariffs The …

beef exports

U.S. Beef Could Expand In E.U. To Help Avoid Trade War

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

The European Union is preparing to allow more tariff-free U.S. beef into the region as part of an attempt to avoid a trade war. Politico says the move comes at the same time French President Emmanuel Macron and German Chancellor Angela Merkel are making high-level diplomatic trips to Washington, D.C. Both leaders are trying to dissuade President Donald Trump from …

pork

Japan-EU Trade Agreement Threatens U.S. Pork Exports to Japan

Dan Exports/Imports, Industry News Release, Pork

The Department of Agriculture’s Foreign Agricultural Service says a Japan-EU trade agreement threatens U.S. pork exports to Japan. Japan and the EU announced finalization of negotiations on the Japan-EU Economic Partnership Agreement in December of last year. For 2017, Japan imported $1.68 billion of pork from the U.S. and $1.69 billion from the European Union. Japan ranked as the world’s …

trade problems

Countries Asking U.S. for Tariff Exemptions

Dan Industry News Release, Trade

European Union Trade Commissioner Cecilia Malmstrom is continuing to petition the United States for exemptions to the upcoming steel and aluminum tariffs. Politico quotes her as saying the tariffs will shake the transatlantic relationship between the countries if they go into effect. She told Commerce Secretary Wilbur Ross during a phone call that the EU “as a close security ally …

agriculture

European Union Will Hit Back Against U.S. Tariffs

Dan Exports/Imports, Industry News Release, Trade

The President of the European Commission says he’ll “bring forward in the next few days a proposal for WTO-compatible countermeasures against the U.S.” Politico says the move is intended to hit back against the steel and aluminum tariffs announced on Thursday by President Trump. The Commission says the 25 percent tariff on steel and 10 percent on aluminum will directly …

monsanto

EU Delays Ruling on Bayer-Monsanto Merger, Again

Dan Industry News Release

The European Union has again delayed a ruling regarding Bayer’s planned takeover of Monsanto. Earlier this week, EU Commission antitrust investigators extended their investigation by five working days until March 12th, according to Reuters. The ongoing proceedings would have given Bayer until midnight on Monday to offer further concessions to EU regulators or request another extension of up to 10 …

eu

EU Moves to Ban Palm Oil from Biofuels

Dan Energy, Industry News Release

The European Union (EU) gave approval to a climate plan that includes banning palm oil from use in fuels, angering palm oil producers. Indonesia and Malaysia, the two largest palm oil producing nations in the world, call the move a protectionist trade barrier. The ban is part of a power market overhaul aimed at reducing energy consumption to meet climate …