The European Union’s (EU) response to Trump’s steel and aluminum tariffs take effect Friday, June 22, 2018. The EU will be charging import duties of 25 percent on a range of U.S. goods. Reuters reports that the European Commission formally adopted a law putting in place the duties on 2.8 billion euros, or $3.2 billion, worth of U.S. goods, including …
Export Concerns for U.S. Crop Farmers
Many crop farmers across the country are concerned how the current trade wars will affect them. Tyron Spearman has a look at trade issues and what crops are being affected. Export Concerns for U.S. Crops Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Pork Exports to Latin American Markets Continue to Shine
During a time when producers are concerned about trade issues, it’s nice to know that pork exports to Latin American markets continue to shine. Joe Schuele with the U.S. Meat Export Federation has more on the story. Pork Exports to Latin American Markets Continue to Shine Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners …
Trump Escalates Trade War with Additional Talks of Tariffs
President Donald Trump is taking the trade war with China to an unprecedented level that would impose tariffs on nearly every export China sends to the United States. Following the announcement Monday night by Trump that he is seeking an additional $200 billion worth of tariffs, China is looking to retaliate, again. Trump says if China does, he would seek …
Trade War Costly for U.S. Farmers
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 …
Farmers for Free Trade Places More Anti-Trade War Advertising
Farmers for Free Trade is again placing advertisements on cable television showing an on-the-ground look at how current trade disputes are damaging export markets for U.S. farmers. In conjunction with the U.S. Apple Association, the advertisement targets the retaliations to the Section 232 tariffs that include U.S. apples. Airing on television news networks frequently watched by President Trump, the advertisement …
NPPC Testifies at USTR Hearing on Thailand’s GSP Eligibility
At a U.S. Trade Representative hearing, the National Pork Producers Council (NPPC) called for Thailand’s preferential access to the U.S. market to be revoked or reduced if it does not end its unwarranted ban on U.S. pork. Thailand is a top beneficiary of the U.S. Generalized System of Preferences (GSP) program, which gives duty-free treatment to certain goods entering the …
Trump Set to Launch Tariffs Against China
President Donald Trump could impose tariffs on Chinese good Friday, or perhaps next week, according to Politico. Sources say the imminent move faces a Friday deadline for publishing a final list of goods that will be hit with the 25 percent tariff. However, the order for the products list deadline does not offer a timeline on when the tariffs will …
Defending Market Share of U.S. Pork in Mexico
In response to U.S. duties on imports of steel and aluminum, Mexico has imposed a 10 percent retaliatory duty on all chilled and frozen pork cuts imported from the U.S, as well as a 15 percent duty on sausages and a 20 percent duty on some prepared hams. With more on that story, here is U.S. Meat Export Federation’s Joe Schuele. Defending …
Mexico Turning to EU and Others to Replace U.S. Pork Imports
Mexico is turning to the European Union and Latin America to offset any potential declines in U.S. pork imports. Mexico recently announced a 20 percent tariff on U.S. pork shoulders and legs starting next month in response to steel and aluminum tariffs placed on Mexico by the Trump administration. Mexican officials told Politico the nation will allow 350,000 tons of …