U.S. dairy farmers at their annual meeting asked President Donald Trump to recognize the significant economic losses milk producers are suffering because of the administration’s implementation of Section 232 and 301 tariffs. The duties have resulted in retaliatory tariffs against U.S. dairy exports, particularly in Mexico and China. They continue to cause severe economic harm to U.S. dairy farmers, according …
U.S. Planning Another Round of China Tariffs
The United States is readying more tariffs against China if there is no positive momentum following a meeting between President Trump and China’s President Xi Jinping. Bloomberg News reports the new round will be announced if the talks during the G20 summit between the two fails. The new round, proposed to be announced in early December, would apply to imports …
China Trade War Not Ending Soon
The trade war between China and the U.S. will not be ending soon. President Donald Trump recently told Agri-Pulse that “you’ve got to have a little time,” referring to when trade relations may return to normal or better status between the United States and China. President Trump is scheduled to meet with Chinese President Xi Jinping at the G20 meeting …
Tariffs to Change U.S. Crop Plantings
The trade war between the U.S. and China is likely to shift U.S. soybean plantings to corn. For the first time in three decades, U.S. farmers planted more soybeans than corn in 2018. However, that’s likely to reverse again due to tariffs on U.S. soybeans from the ongoing trade war between the U.S. and China. Dow Jones Business and Financial …
No USDA Trade Aid Planned For 2019
The Trump Administration has no plans in place for 2019 to give any more aid to farmers hurt by tariffs. Bloomberg says that’s based on assumptions that markets will recover even if the trade war with China keeps going. Ag Secretary Sonny Perdue made that announcement last week. Back in July, the administration announced it would deliver $12 billion in …
Canada, Mexico, Want Steel and Aluminum Tariffs Lifted
Canada and Mexico want the U.S. to remove steel and aluminum tariffs now that a NAFTA 2.0 framework is in place. Canada has asked the U.S. to lift the tariffs “as soon as possible.” Mexico’s top negotiator for the North American Free Trade Agreement, now the U.S.-Mexico-Canada Agreement, says Mexico should not sign the agreement until the tariffs have been …
NMPF Asks USDA to Bolster Dairy Aid Package
The U.S. Department of Agriculture (USDA) needs to better reflect the dairy-farm incomes lost to tariff retaliation when it calculates its next round of trade mitigation payments, the National Milk Producers Federation (NMPF) said. In a letter sent Tuesday to Agriculture Secretary Sonny Perdue, NMPF Chairman and dairy farmer Randy Mooney cited four studies illustrating that milk producers have experienced …
Agri View: Trade War Damage
Everett Griner talks about who loses in a trade war in today’s Agri View. Trade War Damage Trade war — it has been going on for almost half a year now, and nobody has any notion of when it will end. Unlike a real war where many people are hurt, trade war hurts everybody, especially the producer. Look at this: …
Dropped Tariffs Could Mean Less USDA Trade Aid Relief
Ag groups are largely supportive of the new U.S.-Mexico-Canada Trade package. However, many of those same groups say their biggest concern right now is ending retaliatory tariffs on U.S. agricultural products. Those duties were put in place after President Trump imposed tariffs on steel and aluminum imports. Ag Secretary Sonny Perdue told Reuters this week that, with a trade deal …
Agri View: Problems in Agriculture
Everett Griner talks about some of the constant problems affecting agriculture in today’s Agri View. Problems in Agriculture You can bet the whole tariff issue has the whole world of agriculture upset. If there were no export problems, farmers have enough to worry about. At the start of every crop year, there are things to be dealt with that they …