U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney will lead a trade mission to Japan June 11-15, joined by numerous U.S. business and state government leaders seeking to expand export opportunities for U.S. food and agricultural products. “Japan is already a top market for U.S. farm and food products, but there are many new …
U.S. Offers List of Ag Concessions Wanted From China
The U.S. apparently wants more from China than a promise to buy more U.S. agricultural goods. Politico reports that U.S. officials have handed China a list of agricultural trade barriers that “must be lifted” to boost imports from the U.S. to China in an effort to reduce the trade deficit. However, China has stated that it will not remove trade …
More Tariffs From Mexico Planned
More tariffs are expected from Mexico after the nation announced its 20 percent tariff on U.S. pork earlier this week. The list of tariffs from Mexico includes apples, cheeses, potatoes, cranberries, and “Tennessee” and bourbon whiskies, among other items. Mexico is responding to U.S. steel and aluminum tariffs enacted by President Trump and put into place last week, after exempting …
Canada Seeking Answers Regarding U.S. Farmer Support Funds
Canada wants the U.S. to explain an additional $30 billion made available to support farmers harmed by trade woes, and how the U.S. might distribute the funds. Canada made the request through the World Trade Organization last week. Canada’s written question asked the United States to explain the U.S. Bipartisan Budget Act of 2018, in which Congress lifted certain restrictions …
Agri View: Trade War Threat Continues
Everett Griner talks about the trade war in today’s Agri View. Everett takes a look at what commodities may be affected the most. He also lets us know what a trade war may cost the producers in export dollars. Trade War Threat Continues The threat of a trade war still has more than just farmers sweating it out. Chinese officials …
China Says U.S. Tariffs Will Negate Current Trade Talks
China says any tariffs implemented on the nation by the United States will dampen the ongoing trade talks between the two. The Chinese government in a statement said: “All economic and trade outcomes of the talks will not take effect if the U.S. side imposes any trade sanctions including raising tariffs,” according to Politico. China stressed that the outcome of …
Tariffs Throw Another Monkey Wrench Into NAFTA 2.0
The steel and aluminum tariffs imposed by President Trump threw another wrench into the North American Free Trade Agreement talks. Politico says that will further delay a final agreement between the three long-time trading partners. The action also revives the possibility that Trump will once again possibly follow through on his threat to withdraw from the pact. That’s a move …
Perdue Comments on Trade Issues at World Meat Congress
Thursday, during the World Meat Congress in Dallas, Texas, Agriculture Secretary Sonny Perdue said trade is critically important to U.S. farmers and ranchers, who cannot afford to have trade with key partners disrupted. It was that same day the U.S. announced it would end exemptions of steel and aluminum tariffs for Mexico, Canada and the European Union. Perdue said he …
Agriculture Groups Oppose Tariffs
The White House announced that it plans to impose tariffs on steel and aluminum imports from the European Union, Canada and Mexico. And many fear that will trigger potential retaliatory actions against American agriculture. Thus, various groups have sent out releases voicing their opposition to these tariffs. National Pork Producers Council NPPC Statement on Latest Steel and Aluminum Tariffs The …
Producers Getting Whiplash from Trade Back-and-Forth
American producers are suffering from dizziness, thanks to the back-and-forth headlines regarding the U.S.-China trade dispute. Tuesday, the Trump Administration announced it was moving ahead with plans for protecting intellectual U.S. property. Politico says the administration will take steps to impose 25-percent tariffs on $50 billion worth of Chinese imports, plus, establish broad investment restrictions and pursue litigation with the …