trade war

Agri View: California and Other State Losses in a Trade War

Dan Agri View, Economy, Exports/Imports

The talk of a trade war has had an impact on every commodity. What about its impact on agriculture. Everett Griner talks about California and their expanding losses from the trade war and tariff talk in today’s Agri View. California and Other State Losses in a Trade War Efforts to settle this trade war between China and our country, farmers …

China Trade

China Dropping Tariffs on Feed Grains from Asian Countries

Jim Rogers Industry News Release, Trade

China is dropping tariffs on feed ingredients from five Asian countries as it seeks supplies that do not originate in the United States. The ongoing trade war between the U.S. and China is bringing further tariffs on U.S. soybeans and coproducts imported to China, as retaliation on U.S. tariffs implemented on China. Thus, China is seeking cheaper soybeans, soymeal, soybean …

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China Says Washington Trade Actions Will Hurt American Workers

Dan Exports/Imports, Industry News Release, Trade

A Reuters report says China accused the Trump Administration of being capricious in its handling of trade issues. Chinese government officials warned U.S. workers and farmers that they’ll be hurt because of the administration’s brandishing of “big sticks.” Beijing officials said previous bilateral discussions with the U.S. were effective. However, the commerce ministry spokesman says Beijing has had to respond …

heitkamp

Heitkamp: Trade War Strikes at Rural Economies

Dan Industry News Release, Trade

North Dakota Senator Heidi Heitkamp says if President Trump follows through with tariffs on China announced this week China’s retaliation would be “both strong in quantity and gravity.” The comments come as China indicated it would impose retaliatory trade barriers that are against U.S. goods if the administration follows through with the threat, causing soybean prices to plummet to a …

mckinney

Trade War Costly for U.S. Farmers

Dan Exports/Imports, Industry News Release, Trade

The trade war between the U.S. and China is proving to be costly to U.S. farmers, just as President Trump announced the intent for further tariffs, escalating the tense state of affairs. University of Illinois agriculture economist Scott Irwin this week on Twitter says the outlook has “moved into disaster territory,” specifically, regarding soybeans. Jim Bower of Bower Trading in …

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U.S.-China Trade War a Win For Other Nations?

Dan Industry News Release, Trade

A Politico report says the real winners of a trade war with China could be some of America’s top global trade competitors. As the two countries push toward a trade deal, long-term trends could be stacked against American producers when it comes to Beijing’s consumption. China will likely keep pouring resources into other countries in an attempt to diversify its …

trade war

Cargill Still Concerned About Likelihood of Trade War

Dan Industry News Release, Trade

Cargill remains concerned that the U.S. and China trade discussions will escalate into a trade war. In Comments sent to U.S. Trade Representative Robert Lighthizer, Cargill officials say the tariffs proposal by the U.S. targeting China will “not effectively advance the goal of addressing distortive trade practices,” according to Reuters. Cargill sent a five-page letter to Lighthizer as the USTR …

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Proposed Tariff Hearings Underway in Washington

Dan Exports/Imports, Industry News Release, Trade

Hearings are underway in Washington, D.C. on a proposed list of Chinese products the U.S. has targeted with 25 percent tariff. The three-day event features testimony from more than 100 witnesses. One of those testifying is farmer Michelle Erickson-Jones, a member of Farmers for Free Trade, who says the U.S. farm community is already feeling the effects of the threatened …