Japan, Russia, and Turkey Talk Potential Trade Retaliation

Dan Exports/Imports, Industry News Release, Trade

The World Trade Organization says Japan, Russia, and Turkey have all warned the United States about possible trade retaliation for U.S. tariffs on steel and aluminum imports. An Agriculture Dot Com article says those tariffs would up the total U.S. tariff bill around the world to $3.5 billion annually. The three countries recently notified the World Trade Organization of their …

Farmers for Free Trade Suggestions on Improving China/U.S. Trade Relations

Dan Exports/Imports, Industry News Release, Trade

Farmers for Free Trade call the framework of a trade agreement between the U.S. and China as a good first step toward ending tensions that have hurt American agriculture. The group applauds the Trump Administration’s focus on supporting U.S. agricultural exports. However, they do note that there’s still a lot of work to do in order to put a solid …

House Members Want Thailand Ban of U.S. Pork Ended

Dan Exports/Imports, Industry News Release, Pork

Members of the House of Representatives sent a letter to Taiwan’s Ambassador to the U.S. asking for the removal of import restrictions on American agricultural products, including pork. The bipartisan letter was signed by 44 House members and sponsored by Republican David Young of Iowa and Wisconsin Democrat Ron Kind. The letter calls for the U.S. to suspend trade benefits …

USDA Official Hopeful by Recent Trade Advancements with China

Dan Exports/Imports, Industry News Release, Trade

While a trade war may be on hold between the U.S. and China, a Department of Agriculture official says the Trump administration remains ready to support farmers and ranchers, if needed. China and the U.S. put the trade war tariffs on hold, for now, as the two sides are negotiating. Speaking at the ONE18: The Alltech Ideas Conference, USDA Undersecretary …

China Promises to Buy More American Agricultural Goods

Dan Exports/Imports, Industry News Release, Trade

After two rounds of trade talks between the world’s largest economies, China has promised to buy significantly more U.S. agriculture and energy products to help reduce its trade surplus with America. Treasury Secretary Steven Mnuchin outlined his targets for boosting sales over the weekend but it remains unclear if China has agreed to reduce the deficit by the $200 billion …

House Members Call for End to Thailand’s Ban on U.S. Pork

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

Members of the U.S. House of Representatives sent a letter to Virachai Plasai, ambassador of the Kingdom of Thailand to the United States, calling for the removal of restrictions on imports of U.S. farm products, including U.S. pork. The bipartisan letter – signed by 44 members and sponsored by Representatives David Young, R-IA, and Ron Kind, D-WI – calls for the …

China Drops Investigations, Top Market for Sorghum Reopens

Dan Exports/Imports, Industry News Release

China has dropped its anti-dumping and countervailing duty investigations into U.S. sorghum. National Sorghum Producers Chairman Don Bloss says NSP is “gratified” by the announcement and quick result. China has determined that the investigations do not serve public interest. Bloss says that NSP demonstrated that “we were helping, not injuring,” Chinese consumers and farmers. The U.S. Grains Council also applauded …

China Looking to Russia for Soybeans

Dan Exports/Imports, Industry News Release, Soybeans

The world’s biggest importer of soybeans, China, almost tripled soybean purchases from Russia amid a growing trade dispute with the U.S. A Bloomberg report says Russia sold approximately 850,000 metric tons over the most recent twelve-month season. That compares to 340,000 tons sold during the previous period. China has already canceled several soybean purchases from the U.S. in anticipation of …