Following implementation day of President Trump’s tariffs on China, the nation responded quickly to retaliate with previously threatened penalties on U.S. pork, beef, soybeans and automobiles. Meat industry publication Meatingplace reports China says Trump has “violated World Trade Organization rules and launched the largest trade war in economic history to date.” The first wave of tariffs was imposed Friday, which …
China Tariff on U.S. Pork Now Tops 60 Percent
China’s implementation of tariffs on U.S. products means U.S. pork faces a 62 percent tariff level. The National Pork Producers Council responded that U.S. pork farmers now face large financial losses and contraction because of escalating trade disputes, meaning “less income for pork producers and, ultimately, some of them going out of business.” China announced a new 25 percent tariff …
Higher Tariffs on U.S. Beef Exports
It’s been just over a week now since Canada placed higher tariffs on U.S. beef imports. National Cattlemen’s Beef Association (NCBA) Director of International Trade and Market Access, Kent Bacus, discusses these new tariffs. Higher Tariffs on U.S. Beef Exports Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Trump Looking at Even Higher Tariffs
A Bloomberg report says President Donald Trump is threatening to put a tariff on every single import from China. The world’s two largest economies exchanged blows in a trade war that isn’t expected to end anytime in the near future. After months of trade rhetoric back and forth, a 25 percent tariff took effect on $34 billion Chinese goods entering …
Agri View: Beef Exports Having Problems
All of the talk about trade war and tariffs has put a strain on a lot of commodities in the United States. None hit as hard as agriculture. Beef exports is no exception. Everett Griner talks about beef exports to the European Union in today’s Agri View. Beef Exports Having Problem The export trade issue started with China. Are we …
Agri View: California and Other State Losses in a Trade War
The talk of a trade war has had an impact on every commodity. What about its impact on agriculture. Everett Griner talks about California and their expanding losses from the trade war and tariff talk in today’s Agri View. California and Other State Losses in a Trade War Efforts to settle this trade war between China and our country, farmers …
NPPC Wants Regulations Reined In Further
American pork producers are facing the triple-whammy of declining income, a growing labor shortage, and volatile markets caused by trade disputes. They don’t also need to contend with costly red tape and unfunded mandates from Washington. Those were key points in National Pork Producers Council (NPPC) testimony at a congressional hearing on impacts of regulations on small businesses and farmers. …
China Says Washington Trade Actions Will Hurt American Workers
A Reuters report says China accused the Trump Administration of being capricious in its handling of trade issues. Chinese government officials warned U.S. workers and farmers that they’ll be hurt because of the administration’s brandishing of “big sticks.” Beijing officials said previous bilateral discussions with the U.S. were effective. However, the commerce ministry spokesman says Beijing has had to respond …
EU Imposes Retaliatory Tariffs on the U.S.
The European Union’s (EU) response to Trump’s steel and aluminum tariffs take effect Friday, June 22, 2018. The EU will be charging import duties of 25 percent on a range of U.S. goods. Reuters reports that the European Commission formally adopted a law putting in place the duties on 2.8 billion euros, or $3.2 billion, worth of U.S. goods, including …
Agri View: Tariff Effect on the Pecan Crop – Hard Nut to Crack
Everett Griner talks about the effect a tariff will have on the pecan crop in today’s Agri View. He has some interesting facts and a bit of history about the pecan. Tariff Effect on the Pecan Crop-Hard Nut to Crack There are a lot of tree nuts grown in the United States. The pecan is the only one that is …