China: U.S. Agriculture May Never Bounce Back

Dan Exports/Imports, Industry News Release, Trade

China threatens that U.S. agriculture won’t recover from the tit-for-tat trade war between the two countries. In the South China Morning Post, a government official warned that U.S. agriculture may never regain lost market share stemming from the trade war. China alleges that “many countries have the willingness” and capacity to take over market share occupied by U.S. goods. Since …

China Accepts U.S. Soybean Shipment with 25 Percent Tariff

Dan Exports/Imports, Industry News Release, Soybeans

China Monday accepted the 25 percent tariff on U.S. soybeans, as a vessel waiting to dock for five weeks reached port and began unloading. The move marks the first shipment of U.S. soybeans to be accepted with a 25 percent tariff stemming from the U.S.-China trade war. China’s state grain stockpiling company accepted the shipment, even as government officials warned …

Coalition Pushing for COOL in NAFTA for Beef and Pork

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

The Coalition for a Prosperous America is urging the U.S. to include Country-of-Origin Labeling (COOL) for beef and pork in the North American Free Trade Agreement (NAFTA) Negotiations. Coalition member, R-CALF, says in a news release that reinstatement of COOL labeling will help U.S. consumers “to find safer food alternatives and will also help to boost domestic agriculture.” R-CALF points …

Next Round of Tariffs Set

Dan Exports/Imports, Industry News Release, Trade

The U.S. says it will begin imposing tariffs of 25 percent on an additional $16 billion in Chinese imports, further escalating the trade war between the two countries. The U.S. Trade Representative’s office says Customs will begin collecting the extra duties on 279 different product lines. The list includes a lot of industrial and machinery products. Agricultural machinery is on …

Farmers for Free Trade Unhappy with Tariff Escalation

Dan Exports/Imports, Industry News Release, Trade

Farmers for Free Trade Executive Director Brian Kuehl says he’s unhappy the White House is ratcheting up the trade war. While more tariffs on Chinese goods are set to go into effect in two weeks, he says the President is telling farmers to be patient as prices plummet and their markets are overtaken by foreign competitors. “That’s why with each …

Doud Rips China, India Farm Subsidies

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

The Chief Agricultural Negotiator for the U.S. is attacking both China and India for blowing past their World Trade Organization spending limits on farm subsidies that distort trade. “We think China has done in excess of $100 billion more in subsidies to its farmers than it was allowed to do,” Gregg Doug said at the American Sugar Alliance’s International Sweetener …

Soybean Analyst Says China May Have to Buy More U.S. Soybeans

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

In spite of an ongoing trade war between the world’s two largest economies, China may actually have to start buying U.S. soybeans in the near future. A Reuters report says oil seed analysis organization Oil World, based in Germany, says South American countries can’t supply all the soybeans that China needs. China is the world’s largest soybean buyer and has …