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 …

U.S. Poultry Gains New Market Access in Morocco

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

U.S. Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue announced today that the government of Morocco has agreed to allow commercial imports of U.S. poultry meat and products into Morocco for the first time. “The Trump Administration continues to prioritize the opening of new markets for U.S. agricultural products.  This new access to the Moroccan market is …

Chinese Ag Tariff List Grows Longer

Dan Exports/Imports, Industry News Release, Trade

China announced on Friday that it’s ready and willing to put tariffs on another $60 billion worth of American imports. If it follows through on the threat, the total tariff bill on American goods will be $130 billion. Agriculture continues to be on the hit list. Politico says an informal translation of the new list includes hops, maple syrup, whey …

Chinese Import Tariffs May Climb Higher

Dan Exports/Imports, Industry News Release, Trade

The U.S. government is taking comments on a proposal to increase the tariff on Chinese imports from the current 10 percent rate up to 25 percent. The tariff increase would cover a wide selection of Chinese imports, including fruits, vegetables, garlic, and more. On June 18th, President Trump directed U.S. Trade Representative Robert Lighthizer to identify another $200 billion worth …

China Pushes Back Against U.S. Tariffs

Dan Exports/Imports, Industry News Release, Trade

China immediately responded to the latest U.S. tariff threat by publishing a list of $60 billion in U.S. imports it will lay tariffs on. That’s dependent on whether or not the U.S. follows through on its latest trade threats. Bloomberg says China will levy duties ranging from five percent up to 25 percent on more than 5,000 kinds of U.S. …

Soybean Growers Back in D.C. to Talk Trade Resolution

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

The American Soybean Association is back in Washington, D.C., just weeks after their July Board of Directors meeting. Grower leaders are meeting with officials at the Department of Agriculture and with lawmakers to talk over options for offsetting the long-term damage from China’s retaliatory tariff on American soybeans. John Heisdorffer, ASA President, says they know that President Trump is aware …