USDA Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney will lead a trade mission to Southeast Asia July 16-19. He’ll be joined by U.S. business and state government leaders who are seeking to expand agricultural opportunities in Southeast Asia. The trade mission will be based in Jakarta, Indonesia, but will also include delegations of buyers from Malaysia and …
U.S. to Further Implement Trade Tariffs
The U.S. plans to implement more tariffs on China as part of an ongoing trade war between the two countries. In a statement released this week, U.S. Trade Representative Robert Lighthizer says he was ordered by President Trump to begin the process of imposing tariffs of ten percent on an additional $200 billion of Chinese imports. The tariffs will follow …
EU Trade Chief: Targeting U.S. Ag in Tariffs Best Hope for Trade Change
In retaliating against trade tariffs, the European Union is doubling down on American Whiskey. EU trade chief Cecilia Malmström shut down a request to remove U.S. whiskey from the tariff list as fear the move would place further retaliation from the U.S. on Scotch whiskey. In making the statement, Politico reports Malmström intends to hit the U.S. “where it hurts,” …
Record Exports in May Take 2018 Ag Exports above 2017
The latest complete agricultural exports reports for the fiscal 2018 year take us up through May. And according to a story from Gary Crawford, they show U.S. export sales reaching a milestone. Record Exports in May Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Trump: No Hurry to Settle NAFTA
President Donald Trump told Fox News he’s not going to rush into a new North American Free Trade Agreement (NAFTA). He thinks the U.S. can get a better deal by waiting until after the dust settles on the midterm elections in the fall. Agriculture groups fall on the other end of the spectrum, wanting a deal done as quickly as …
China Quickly Retaliating Against U.S.
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 Could Step Up Trade War Tactics
China could ratchet up its trade war tactics against the United States as President Donald Trump has escalated the trade war between the two nations this week. Politico points out that China knows how to fight a trade war and could go beyond retaliatory tariffs next. China has been known to successfully encourage its 1.4 billion population to give up …
Heitkamp: Trade War Strikes at Rural Economies
North Dakota Senator Heidi Heitkamp says if President Trump follows through with tariffs on China announced this week China’s retaliation would be “both strong in quantity and gravity.” The comments come as China indicated it would impose retaliatory trade barriers that are against U.S. goods if the administration follows through with the threat, causing soybean prices to plummet to a …
Trump Set to Launch Tariffs Against China
President Donald Trump could impose tariffs on Chinese good Friday, or perhaps next week, according to Politico. Sources say the imminent move faces a Friday deadline for publishing a final list of goods that will be hit with the 25 percent tariff. However, the order for the products list deadline does not offer a timeline on when the tariffs will …
NFU, Canada Farmers Group, Make Joint Statement Supporting Trade
National Farmers Union (NFU) President Roger Johnson made a joint statement with the Canadian Federation of Agriculture supporting agricultural trade. The statement was prompted by President Trump’s lashing out against Canada over the weekend and early this week regarding dairy trade, and other issues included in the North American Free Trade Agreement renegotiation effort. Johnson, along with CFA President Ron …