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Trump says No Agreement with China on Easing Tariffs Yet

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — Late last week, the Chinese government stated that the U.S and China had reached an agreement to begin rolling back tariffs after a phase one trade deal is signed. That statement led to some optimism and a jump upward in financial markets. Politico says it was just 24 hours after that when President Donald Trump poured “cold water …

beef

USMEF on Meat Exports to China

Dan Beef, Exports/Imports, Pork

Last week, the U.S. Meat Export Federation (USMEF) held their annual Strategic Planning Conference in Tucson, Arizona. During a media conference call, USMEF Senior Vice President of Asia Pacific, Joel Haggard, talked first about African Swine Fever (ASF) and it’s impacts on the pork trade. But when it comes to U.S. beef going to China, Haggard said the U.S. has a very …

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China, U.S., Strike Tariff Rollback Preliminary Deal

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — The U.S. and China will roll back tariffs if they strike a preliminary deal, a move requested by China before signing a phase one trade agreement. The signing of the agreement may be now delayed until next month, but the two sides continue to wrap up the talks, according to the South China Morning Post. A spokesperson for …

nppc

NPPC Launches ‘Pork O’ Clock’ Campaign Highlighting Importance of USMCA

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

(NPPC) — The National Pork Producers Council (NPPC) launched a dynamic new campaign, “It’s Pork O’ Clock Somewhere,” to highlight the importance and benefits of the U.S.-Mexico-Canada (USMCA) trade agreement. The campaign focuses on pork and the many ways it’s enjoyed across North America. “Ratification of USMCA is the top priority for U.S. pork producers and there is no better way to …

usmca

Clock Ticking on USMCA Passage

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — House Speaker Nancy Pelosi last week voiced optimism for bringing up the U.S.-Mexico-Canada (USMCA) trade deal for House action, soon. But there’s still no sign of a negotiating breakthrough with the White House, and the clock is ticking. There are only 16 legislative days left when the House returns next week from its latest recess. American Farm Bureau …

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China Urges Trump to Lift Tariffs

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

(NAFB) — China wants the United States to commit to lifting tariffs to reach a phase one trade agreement. The South China Morning Post reports Beijing needs America to be more responsive to its concerns, if it wants Chinese President Xi Jinping to visit the U.S. to sign the deal. There’s been no firm commitment by the U.S. to delay …

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Beijing Considers Axing Extra Tariffs on U.S. Ag Products to Boost Imports

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — The head of a government-sponsored trade association in China says Beijing could remove extra tariffs on U.S. farm goods to smooth the way for importers to potentially buy up to $50 billion in products. A Reuters article says Beijing would make that move instead of directing importers to purchase specific amounts of goods. President Donald Trump said earlier …