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Below you'll find a list of all posts that have been tagged as “agriculture trade”
White House Trade Adviser Pete Navarro downplayed the impact tariffs are having on the ag economy, calling the impact of the trade war between the U.S. and China “a rounding error,” compared with either country’s economic output. “My point is that it’s much less disruptive than these headlines would suggest,” Navarro told CNBC. “It’s also much more constructive as we …
The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “White House trade advisor Peter Navarro’s recent comments that the damage this trade war is doing to certain sectors of the U.S. economy, of which we all know includes agriculture, is little more than a ‘rounding error’ are out of touch with the pain our farmers …
“Tariffs are not the ultimate answer,” says Agriculture Secretary Sonny Perdue. Speaking to the Washington International Trade Association, Perdue told the group tariffs are rather “a tool to get people’s attention” so both teams “play by the same rules.” Politico reports that Perdue recognized retaliation by China, Mexico, Canada and the European Union to Trump’s tariffs was causing pain in …
The impact of the current trade climate on land prices remains unknown, but Farmers National Company says time will tell. Farmers National says there is no easy answer as to what effect trade issues are having on land prices currently. The company says many factors influence local land values. Supply of land for sale and the level of demand are …
For his work to fight for open markets for American agriculture, Senator Pat Roberts of Kansas was presented the Congressional Leadership Award by the Washington International Trade Association. Presented to the Republican this week, the award recognizes individuals who have made exceptional contributions in the field of international trade. In accepting the award, Roberts, who chairs the Senate Agriculture Committee, …
Everett Griner talks about the importance of world trade in today’s Agri View. Importance of World Trade You know not many people realize, or do they have interest in, world trade. It is something that doesn’t come up for discussion very often. We have so many special occasions. Why would the average person even acknowledge world trade? The question is-where …
The U.S. struck back at retaliating nations this week, filing a complaint with the World Trade Organization (WTO). The U.S. complaint says the steel and aluminum tariffs imposed by the Trump administration were justified, but claim retaliation in response to the tariffs from trading partners was not justified. The complaint includes China, the European Union, Turkey, Canada and Mexico. In …
Mexico and Canada want to wrap up the renegotiation of the North American Free Trade Agreement this year, according to the Hagstrom Report. While in Washington, D.C. this week, The Mexican ambassador to the United States says the incoming Mexican president wants NAFTA to “be completed before he takes office on December 1.” An official from Canada said the nation …
Soybean farmers in Canada are feeling the impact of the U.S.-China trade war as soybean prices decline. CNBC reports that while Canadian soybean farmers could see an increased market share from importing nations, experts say the current soybean market plays a much more significant role. Since April, soybean futures have dropped nearly 20 percent in the United States, and Canadian …
The Chinese trade surplus with the United States hit a record number in June as its exports grew at a solid pace, something that could possibly make a trade dispute with Washington, D.C., that much worse. A Nasdaq.com article points out that it could be a “one-off” as Chinese exporters were rushing to get shipments out before tariffs went into …
