tax cuts

Assistance for Farmers Impacted by Unjustified Retaliation

Dan Industry News Release, Trade

U.S. Secretary of Agriculture Sonny Perdue announced details of actions the U.S. Department of Agriculture (USDA) will take to assist farmers in response to trade damage from unjustified retaliation by foreign nations. President Donald J. Trump directed Secretary Perdue to craft a short-term relief strategy to protect agricultural producers while the administration works on free, fair and reciprocal trade deals …

china phase one

China, U.S. Trade War Deepens with More Tariffs

Dan Industry News Release, Trade

The U.S. and China began rolling out more tariffs against each other this week as part of the tit-for-tat trade war between the two nations. The U.S. will collect an additional 25 percent in duties on Chinese imports ranging from motorcycles to steam turbines and railway cars, and the Chinese retaliation will see a similarly sized tax on items including …

agriculture exports

Tariffs Could Cost Fruit and Nuts $3 Billion

Dan Exports/Imports, Industry News Release, Trade

Falling ag exports to China, India, Mexico and Turkey expected to lower prices The ongoing international trade turmoil between the U.S. and other countries has prompted import tariffs on many U.S. agricultural commodities in important export markets, which could hurt U.S. farmers. A new report released by the University of California Agriculture and Natural Resources’ Agricultural Issues Center estimates the …

grain

Farm Export Prices Post Large Declines

Dan Exports/Imports, Industry News Release, Trade

U.S. agriculture export prices fell 5.3 percent last month. Data released by the U.S. Department of Labor shows the decline is the largest drop in farm exports since 2011. The decline in July followed a one percent decrease in June, which followed a 1.6 percent increase in May. The department says a 14.1 percent drop in soybean prices was the …

soybeans

Agri View: Tension Affecting Farm Exports

Dan Agri View, Exports/Imports, Soybeans

Everett Griner talks about how the tension of the trade war, and the tariff issue, has affected our soybean exports in today’s Agri View. Tension Affecting Farm Exports Soybeans are one of America’s largest crops. In total acreage it ranks right up there with cotton and corn. It goes without saying that imports are important. Up until recently China was …

year

China: U.S. Agriculture May Never Bounce Back

Dan Exports/Imports, Industry News Release, Trade

China threatens that U.S. agriculture won’t recover from the tit-for-tat trade war between the two countries. In the South China Morning Post, a government official warned that U.S. agriculture may never regain lost market share stemming from the trade war. China alleges that “many countries have the willingness” and capacity to take over market share occupied by U.S. goods. Since …

section 232 tariffs

China Accepts U.S. Soybean Shipment with 25 Percent Tariff

Dan Exports/Imports, Industry News Release, Soybeans

China Monday accepted the 25 percent tariff on U.S. soybeans, as a vessel waiting to dock for five weeks reached port and began unloading. The move marks the first shipment of U.S. soybeans to be accepted with a 25 percent tariff stemming from the U.S.-China trade war. China’s state grain stockpiling company accepted the shipment, even as government officials warned …

china

Farmers for Free Trade Unhappy with Tariff Escalation

Dan Exports/Imports, Industry News Release, Trade

Farmers for Free Trade Executive Director Brian Kuehl says he’s unhappy the White House is ratcheting up the trade war. While more tariffs on Chinese goods are set to go into effect in two weeks, he says the President is telling farmers to be patient as prices plummet and their markets are overtaken by foreign competitors. “That’s why with each …