tariffs

USMEF on Issues with U.S. Red Meat in China

Dan Beef, Exports/Imports, Trade

It was recently noted that next month President Trump is scheduled to meet with the Chinese President, as many in agriculture are concerned with the trade war between the two countries. Last week, the U.S. Meat Export Federation (USMEF) held their Spring Conference in Kansas City, Missouri. During the event, USMEF President and CEO, Dan Halstrom, talked about how the U.S. red meat industry …

perdue

Perdue Says No “Long-Term Fallout” From Dispute with China

Dan Economy, Industry News Release, Trade

The U.S. trade talks with China seem to be a long way from wrapping up. However, Ag Secretary Sonny Perdue is trying to assure producers that when an agreement is finally reached, it will be good for farmers’ pocketbooks. When that agreement is reached, Perdue says China will be purchasing even more farm goods than they had before the trade …

perdue

China, U.S. Nearing Trade Deal

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

The U.S. and China are inching closer to an agreement on trade that could be reached this month, according to those close to the talks. Bloomberg reports an agreement could be reached and finalized later this month during a planned summit between China’s President and President Donald Trump. As part of the potential agreement, China would lower tariffs on agricultural …

agricultural

U.S., China to Continue Trade Talks This Week

Dan Exports/Imports, Industry News Release, Trade

The U.S. and China will continue talks this week that will hopefully lead to an end to the trade war between the two economic superpowers. A Reuters article says sources from both sides feel the recent negotiations kept things moving forward. The Trump Administration still seems committed to the March 1 deadline to reach a deal or raise tariffs on …

mfp

Perdue Talks Possible Trade Aid Adjustments

Dan Economy, Industry News Release, Trade

USDA is considering the possibility of adjusting direct payments to producers who’ve been hurt by the trade war. The adjustments may include factoring in hurricane damage after southeast U.S. producers were hit hard by hurricanes this year. A DTN report says Perdue asked USDA staff to look at the fact that they believe payments should be based on actual production …

trade war

Trade War Benefiting U.S. Food Banks

Dan Industry News Release, Trade

Food banks are benefiting from President Trump’s trade war with China. USA Today reports the tit-for-tat trade war offers more variety for U.S. food banks through the administration’s trade mitigation package for farmers. With the Department of Agriculture buying commodities to help ease the burden on farmers, those items will show up in U.S. food banks, including meat, dairy products, …

china ambassador

China Ambassador to U.S. Says China Wants to Engage in Talks

Dan Industry News Release, Trade

China wants to end the trade war with the U.S., according to its ambassador to the United States. In an exclusive interview with National Public Radio this week, the China ambassador to the United States says his country is “ready to make a deal” if they could find a trustworthy partner in Washington. The ambassador accused the United States of …

trump

China Investment in U.S. Falling Sharply

Dan Industry News Release, Trade

Chinese investment in the United States has dropped 92 percent so far this year, amidst the tit-for-tat trade war launched by President Donald Trump. Analysts say the trade war may be hindering China’s economy. A Chinese investment analyst told the South China Morning Post that “China’s economy is slowing, its currency weakening, and the trade regime is faltering.” A market …