Mexico is an important export market for American dairy, specifically cheese. Mexico takes up 28 percent of all U.S. cheese exports, which means it buys more American cheese than any other market. Mexico put the tariffs in place in response to the tariffs on steel and aluminum put into effect by President Trump. U.S. Dairy Export Council President and CEO …
Under Secretary McKinney to Lead Japan Trade Mission
U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney will lead a trade mission to Japan June 11-15, joined by numerous U.S. business and state government leaders seeking to expand export opportunities for U.S. food and agricultural products. “Japan is already a top market for U.S. farm and food products, but there are many new …
U.S. Offers List of Ag Concessions Wanted From China
The U.S. apparently wants more from China than a promise to buy more U.S. agricultural goods. Politico reports that U.S. officials have handed China a list of agricultural trade barriers that “must be lifted” to boost imports from the U.S. to China in an effort to reduce the trade deficit. However, China has stated that it will not remove trade …
More Tariffs From Mexico Planned
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 …
Agri View: Trade War Threat Continues
Everett Griner talks about the trade war in today’s Agri View. Everett takes a look at what commodities may be affected the most. He also lets us know what a trade war may cost the producers in export dollars. Trade War Threat Continues The threat of a trade war still has more than just farmers sweating it out. Chinese officials …
Pork Producers Respond to Mexican Retaliation
Mexico levied punitive tariffs – 10 percent effective today (June 5, 2018), escalating to 20 percent on July 5 – on unprocessed pork (not including variety meats) in retaliation for tariffs on its metal exports to the United States. Mexico’s decision follows similar retaliation in early April by China, which imposed additional 25 percent tariffs on U.S. pork, reducing live …
Agriculture Groups Oppose Tariffs
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 …
Producers Getting Whiplash from Trade Back-and-Forth
American producers are suffering from dizziness, thanks to the back-and-forth headlines regarding the U.S.-China trade dispute. Tuesday, the Trump Administration announced it was moving ahead with plans for protecting intellectual U.S. property. Politico says the administration will take steps to impose 25-percent tariffs on $50 billion worth of Chinese imports, plus, establish broad investment restrictions and pursue litigation with the …
Brazil Trucker Strike Disrupting Ag Exports
The Brazilian trucker strike has officially disrupted supply and exports of farm products from one of the biggest ag exporting countries in the world. A Reuters report says Brazil is the top exporter of soybeans, sugar, coffee, and chickens. The strike over high fuel prices has brought Latin America’s largest economy to a complete stop. Roads are empty and major …
U.S. to Continue With Trade Action Against China
Despite a potential agreement on trade issues between the U.S. and China, the Trump administration will continue to pursue action against China. By mid-June, The U.S. is expected to release a list of $50 billion worth of Chinese goods that will be subject to a new 25 percent tariff, according to Reuters. The United States will also continue to pursue …