China said Tuesday that it will hit back against President Donald Trump with retaliatory duties of five or 10 percent against another $60 billion worth of American products. The response comes one day after Trump issued the largest number of tariffs yet in an escalating trade dispute. Politico says China is scheduled to implement their plan on Monday to coincide …
Is Canada Purposefully Dragging Out NAFTA Negotiations?
As Canadian Foreign Affairs Minister Chrystia Freeland returned to Washington, D.C. for continued NAFTA negotiations, a prominent Congressional member says time is running out. House Majority Whip Steve Scalise says sentiment is building among members of Congress that Canada is purposefully dragging out the negotiations for political purposes. “Members of Congress are concerned that Canada doesn’t seem to be ready …
Tariffs Harming Ag Equipment Makers
More tariffs in the tit-for-tat trade war between the U.S. and China means more suffering for agriculture and agricultural equipment makers. Feeling the brunt of the trade war since it started with tariffs on steel and aluminum, manufacturers of agriculture equipment are eager to see a swift resolve. Just last week, a coalition of manufacturing groups and associations sent a …
Trump China Trade War Troubling Talks with Japan
The ongoing trade war with China is threatening trade relations with Japan. Reuters reports that the start of a second round of trade talks between Japan and the United States will be delayed until after fresh tariffs imposed on China by the United States come into force on September 24th. Japan’s Prime Minister Shinzo Abe and President Trump were expected …
Canada Returns to DC for NAFTA Talks
North American Free Trade Agreement (NAFTA) negotiations between the U.S. and Canada resume this week as both sides attempt to reach a deal by the end of the month. Canada’s Foreign Minister Chrystia Freeland arrived in Washington, DC Tuesday ahead of scheduled talks with U.S. Trade Representative Robert Lighthizer. The two sides must agree to a “handshake” agreement by the …
Agri View: Tariff War
Everett Griner talks about what has been added to the list in the tariff war in today’s Agri View. Tariff War Tariff wars. Who knows when they will end. Everybody involved seems to be hurting. Although China and the United States may have started all this commotion, it now involves most of the world. It happens that U.S. agriculture has …
U.S. Continues Demand for Dairy Fix in NAFTA
The United States still demands a dairy fix in the North American Free Trade Agreement, but Canada still wants to protect its dairy industry. While Canada may be ready to give some concessions on dairy market access, Prime Minister Justin Trudeau and his allies have strong political motivations to stand firm. A trade lawyer told Politico this week that much …
U.S. Ag Coalition Sponsors U.S.-Cuba Business Meetings
A coalition of agriculture groups plan a U.S.-Cuba ag business conference in November. The U.S.-Cuba Agriculture Business Conference, according to organizers, comes at a time when U.S. agriculture needs to expand into new markets. Cuba continues to depend on imports for 80 percent of its food supply, and the coalition says Congress is poised in the Farm Bill to allow …
Farm Bureau Details Trade, Tariff Impacts on Agriculture
For the growth and renewed prosperity of agriculture, particularly with farm income on a downward slope, current trading relationships must be preserved and new opportunities for agricultural trade must be secured, the American Farm Bureau Federation said in a recent statement to the Senate Agriculture Committee. “Farm Bureau urges our trade officials to engage in discussions with our trade partners …
Senators Grill Administration Officials at Trade Hearing
Ag state senators peppered Trump Administration officials at USDA and the Office of the Trade Representative with questions regarding trade policy. The Thursday hearing focused on the Trump Administration’s policies and the resulting harm to American farmers from retaliatory tariffs. Politico says both Republicans and Democrats gave an earful to USDA chief economist Robert Johansson, Undersecretary for Trade and Foreign …