According to Bloomberg News, China has announced they are stepping away from further U.S. farm imports after President Trump increased tensions with the U.S. biggest agricultural trading partner last week. The Chinese government has asked its state-owned enterprises to suspend purchases of U.S. agricultural products, people familiar with the situation said. Trump last week proposed adding 10% tariffs on another $300 …
Commissioner Nikki Fried on China Halting U.S. Agricultural Imports
Tallahassee, Fla. (FDACS) – The Chinese government announced it will halt purchases of U.S. agricultural products, in response to President Donald Trump’s escalation of his trade war with China. Financial markets reacted with shock, calling it “massive…on a scale of 1 to 10, it’s an 11.” Earlier this year, China imposed 25 percent tariffs on many American agricultural products, which has been devastating …
New U.S./EU Beef Trade Agreement Signed
Last Friday, a White House signing ceremony was held for an agreement that will establish a duty-free quota for high-quality American beef in the European Union (EU). The Office of the United States Trade Representative (USTR) announced the signing of the agreement that establishes a duty-free quota for high-quality U.S. beef from non-hormone treated cattle. Once implemented, the annual quota …
Secretary Perdue Statement on U.S. and E.U. Beef Agreement
WASHINGTON, D.C. (USDA) – U.S. Secretary of Agriculture Sonny Perdue issued the following statement after an agreement was signed between the United States and the European Union regarding beef trade between the two nations: “Getting more US beef into the EU market is yet another example of President Trump expanding markets around the globe for our agriculture producers. EU consumers …
Lighthizer Promises Ag Wins in Japan Deal
(NAFB) — Any potential trade deal between the U.S. and Japan will include big gains for farmers and ranchers. Politico says that statement comes directly from U.S. Trade Representative Robert Lighthizer. He says in written comments to the Senate Finance Committee that ag producers will see “significant new opportunities for agricultural exports” once any agreement gets finalized. The Economic Revitalization …
Farm Bureau Urges New Chapter in China Trade
(AFBF) — The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “All eyes will be on this week’s trade negotiations in China because reopening the door to one of the largest markets in the world is key to helping farmers get back on their feet. “We wholly support the Administration’s efforts to stop unfair trade …
Japanese Delegation in Washington This Week for Trade Talks
U.S. Trade Representative Robert Lighthizer told Agri-Pulse last week that a delegation from Japan will be in Washington this week for trade negotiations. The talks are scheduled to get underway on Thursday, August 1. Lighthizer will actually be in China early this week to continue discussions aimed at ending the trade war between the U.S. and China. However, he’s expected …
Alabama Ag Commissioner Pate Supports USMCA
Alabama Agriculture Commissioner Rick Pate issued the following statement on July 26, 2019: Alabama’s agricultural and forestry producers and related industries have been resilient in the face of hurricanes, tornados, floods, and droughts that devastated our state in the last few months. In addition to weathering these natural disasters, farmers and foresters now find themselves literally waiting on an Act …
Industry Reaction to Trade Aid Announcement
Source: American Farm Bureau Federation Farm Bureau Welcomes Trade Assistance, Urges Return to Open Markets The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “We greatly appreciate President Trump’s concern for America’s farmers and ranchers in these difficult economic times, and we are grateful for this continued trade assistance to help our farmers and ranchers stay …
Cong. Ferguson Addresses Famers on Trade
During last week’s Southern Peanut Growers Conference in Panama City Beach, Florida, Georgia Republican Congressman Drew Ferguson spoke to the attendees. According to a story from Tyron Spearman, the Congressman said work is underway to modernize our trade agreements. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024