The head of the World Trade Organization (WTO) is concerned about President Donald Trump’s plans to impose a tariff on both steel and aluminum imports into America. Director General Roberto Azevedo says a trade war is in no one’s best interests. “The WTO is concerned about the U.S. plans for tariffs on steel and aluminum,” he says, “and the potential …
European Union Will Hit Back Against U.S. Tariffs
The President of the European Commission says he’ll “bring forward in the next few days a proposal for WTO-compatible countermeasures against the U.S.” Politico says the move is intended to hit back against the steel and aluminum tariffs announced on Thursday by President Trump. The Commission says the 25 percent tariff on steel and 10 percent on aluminum will directly …
Ag Groups Concerned About Trade Retaliation
U.S. Wheat Associates and the National Association of Wheat Growers were both very disappointed in the Trump Administration’s decision to impose tariffs on steel and aluminum imports. A statement says they have repeatedly warned of the risks of retaliation and the precedent set by such a policy would have potentially serious consequences for agriculture. The groups say it’s disappointing that …
Trump Will Impose New Tariffs on Steel and Aluminum
After hosting what the White House initially called a “listening” session, President Donald Trump took American investors by surprise Thursday. Trump announced to the group attending the meeting that he will be imposing the long-rumored steel and aluminum tariffs next week. A Zero Hedge Dot Com article says the president will impose a 25 percent tariff on steel imports and …
USDA Projecting Strong Red Meat, Poultry Exports
In spite of a strong U.S. dollar, the USDA is projecting red meat and poultry exports= to rise steadily over the next decade. The trade website, Meating Place Dot Com, says steady global economic growth, especially in developing economies, will drive foreign demand from the U.S. market. After dropping in the early part of this decade, beef exports should begin …
China Removes Duties On US Chicken
Market Remains Closed to US Poultry And Egg Exports China’s decision to drop anti-dumping and anti-subsidy duties as of Tuesday on U.S. broilers was welcomed by the U.S. industry, but the decision is not expected to have any immediate, direct impact because the China market remains closed to U.S. poultry and egg exports due to an ongoing avian influenza ban …
Importance of Keeping Pace on Ag Export Promotion Funding
The latest analysis of agricultural export promotion investment shows that U.S. public funding for its two largest export promotion programs is about $235 million per year. But due to inflation and other factors, the real value of this investment has declined 12 percent since 2011. During this same period, major competitors increased their investment in promotion of agricultural exports by …
Agri View: Shipping Affects Food Prices
Everett Griner talks about how shipping cost affects the prices consumers pay for food in today’s Agri View. Shipping Affects Food Prices Now anybody who reads a paper or watches the news on TV knows that vast amounts of every crop farmers grow is exported. It keeps American farmers in business. It takes a lot of big ships to transport …
Factors Driving Surge in U.S. Beef, Pork Exports in Korea
South Korea has been one of the top-performing markets for U.S. beef and pork over the past year. Joe Schuele with the U.S. Meat Export Federation (USMEF) has a story explaining some of the factors driving the surge. Factors Driving Surge in U.S. Beef Pork Exports in Korea Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, …
South Korea Driving Recent Surge in U.S. Beef/Pork Exports
For the past year, South Korea has been one of the top global markets for U.S. beef and pork exports. The South Korean director for the U.S. Meat Export Federation says the American beef industry has been very successful in restoring consumer confidence in U.S. beef. Many Korean restaurants and retailers that were once reluctant to carry U.S. beef now …