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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 …

ross

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 …

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Agri View: Trade War

Dan Agri View, Trade

Everett Griner talks about the effects of a trade war in today’s Agri View. Everett discusses how all United States industries will be affected by this. Trade War Now suppose China does strike back by placing embargoes on U.S. goods. Here is what that means. Let’s take pork. China has already listed pork imports as one of the products. The …

trade problems

Farmers Have Other Concerns Than Farm Bill

Dan Economy, Farm Bill, Industry News Release, Trade

Farmers are more concerned with trade and being burdened with over-regulation, rather than the farm bill, according to one U.S. Senator. Republican Roy Blunt of Missouri said during a Senate hearing last week that “the farm bill never came up” during a recent listening session with farmers in his state, as pointed out by the Food and Environment Reporting Network. …

trade mission

China Files WTO Complaint, Pledges to Lower Some Tariffs

Dan Exports/Imports, Industry News Release, Trade

China has filed a dispute with the World Trade Organization alleging the U.S. tariffs on steel and aluminum violate world trade rules. However, the nation also re-confirmed it will open its economy by lowering tariffs on cars, paving the way for negotiations. “Actions speak louder than words” when it comes to China, one U.S. economist told Reuters. But, China’s President …

trade war

Trade War Help for Farmers: All Options on the Table

Dan Exports/Imports, Industry News Release, Trade

A top Department of Agriculture official says “all options are on the table” when it comes to finding relief from a trade war with China for farmers. Deputy Secretary of Agriculture Steve Censky told reporters earlier this week USDA is “looking at all of our authorities” to find ways to assist farmers, according to Politico. Those options include buying up …

china

White House Trade Chief Says U.S./China to Hold Trade Talks

Dan Exports/Imports, Industry News Release, Trade

A Bloomberg report says that American and Chinese officials have both indicated a willingness to find a negotiated solution to their trade differences. Top government officials are expected to hold talks before American tariffs on Chinese imports will take effect. White House Trade Adviser Peter Navarro tells CNBC that Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer will lead …

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Perdue Says Trade War May Affect the New Farm Bill

Dan Exports/Imports, Industry News Release, Trade

Ag Secretary Sonny Perdue says a potential trade dispute with China could have negative consequences on the new Farm Bill Congress is currently working on. Politico says Congress may need to factor in possible trade disruptions while working on the new legislation. China announced that dozens of U.S. farm products, including soybeans and beef, could potentially face a 25 percent …