(NAFB) — The U.S. Department of Agriculture (USDA) is taking steps to allow poultry imports from China. Farm Progress Dot Com says it’s a sign of ongoing progress in the talks between Washington and Beijing that will hopefully lead to a resolution in their trade dispute. The new regulation covers birds as well as poultry parts and products slaughtered in …
Trump says No Agreement with China on Easing Tariffs Yet
(NAFB) — Late last week, the Chinese government stated that the U.S and China had reached an agreement to begin rolling back tariffs after a phase one trade deal is signed. That statement led to some optimism and a jump upward in financial markets. Politico says it was just 24 hours after that when President Donald Trump poured “cold water …
China, U.S., Strike Tariff Rollback Preliminary Deal
(NAFB) — The U.S. and China will roll back tariffs if they strike a preliminary deal, a move requested by China before signing a phase one trade agreement. The signing of the agreement may be now delayed until next month, but the two sides continue to wrap up the talks, according to the South China Morning Post. A spokesperson for …
China Urges Trump to Lift Tariffs
(NAFB) — China wants the United States to commit to lifting tariffs to reach a phase one trade agreement. The South China Morning Post reports Beijing needs America to be more responsive to its concerns, if it wants Chinese President Xi Jinping to visit the U.S. to sign the deal. There’s been no firm commitment by the U.S. to delay …
Beijing Considers Axing Extra Tariffs on U.S. Ag Products to Boost Imports
(NAFB) — The head of a government-sponsored trade association in China says Beijing could remove extra tariffs on U.S. farm goods to smooth the way for importers to potentially buy up to $50 billion in products. A Reuters article says Beijing would make that move instead of directing importers to purchase specific amounts of goods. President Donald Trump said earlier …
China Confirms Phase One Agreement Ag Purchases
(NAFB) — Chinese officials confirmed this week they are working on finalizing a “phase one” agreement with President Donald Trump that includes significant purchases of U.S. ag products. An official from China’s Commerce Ministry confirmed the purchases to reporters, but did not provide details on how much U.S. ag products China will buy. The spokesperson says, “China will increase U.S. …
Senator David Perdue Leads Effort to Lower Indian Pecan Tariffs
WASHINGTON, D.C. (Office of Sen. David Perdue-Sept. 23, 2019) – U.S. Senator David Perdue (R-GA), a member of the Senate Agriculture Committee, and 11 senators on Friday sent a letter encouraging U.S. Trade Representative Robert Lighthizer to prioritize a reduction in pecan tariffs as the Trump Administration continues trade negotiations with India. Senator Perdue was joined in sending the letter by …
Trump Says Tariff Income to Help Hurricane-Damaged Farms
(NAFB) — President Donald Trump told reporters Wednesday that money the U.S. receives from tariffs on China will help farmers recover from Hurricane Dorian. Trump says, “we’ve taken in many billions of dollars of tariffs from China and we will have a lot of money to be helping our farmers along the coast if they get hit.” The President made …
Another China Tariff Announcement Signals More Trouble
(AFBF) — The following may be attributed to American Farm Bureau Federation President Zippy Duvall: “China’s announcement of imposing additional tariffs on $75 billion of U.S. imports signals more trouble for American agriculture. Farm Bureau is currently assessing the details of this announcement, but we know continued retaliation only adds to the difficulties farm and ranch families are facing and …
American Soybean Association on Chinese Tariff Escalation
Washington, D.C. (ASA) — China has announced it will impose an extra 5% tariff on U.S. soybeans starting Sept. 1 and an additional 10% duties on other major U.S. crops also grown by many soybean farmers starting mid-December. These latest details come after China vowed earlier this week that it will retaliate if the U.S. goes through with its plan …