Washington, D.C. (ASA) — China has announced it will impose an extra 5% tariff on U.S. soybeans starting Sept. 1 and an additional 10% duties on other major U.S. crops also grown by many soybean farmers starting mid-December. These latest details come after China vowed earlier this week that it will retaliate if the U.S. goes through with its plan …
U.S. Agriculture Disappointed in EU Trade Talks Without Ag
U.S. agriculture is disappointed in the European Union’s failure to include agriculture in trade talks with the United States. “Agriculture will certainly not be part of these negotiations,” European Union Trade Commissioner Cecilia Malmstrom said earlier this week while announcing the EU is ready to begin trade talks with the United States. The two sides seek an agreement before the …
Soybean Growers Unhappy with President Trump’s Comments on Keeping Tariffs in Place under a China Agreement
The American Soybean Association (ASA) is not pleased with recent comments from President Trump that he could leave tariffs in place under an agreement with China. ASA has always considered the lifting of the Section 301 tariffs by the U.S. in exchange for China removing its retaliatory 25 percent tariff on U.S. soybean imports as essential to any initial agreement …
Soybean Growers Want Resolution with 90-Day Negotiation Period Waning
Soybean growers urge Congress to press Administration to end tariffs Talks are good, purchases are good, but lifting the tariff that China imposed last July on soybean imports from the United States is the only way for U.S. soybean farmers to regain commercial access to the significant Chinese market. “It is heartening that the Administration is keeping soybeans in the …
U.S.-China Take Step to Resolve Trade Differences
News of progress in resolving a U.S.-Chinese trade dispute has several in the ag sector expressing levels of optimism. Rod Bain has the story. U.S.-China Take Step to Resolve Trade Differences Source for below: American Soybean Association Soybean Growers Relieved to Hear Positive Trade News from G20 The American Soybean Association (ASA) was pleased to hear positive reports from the …
Escalating Trade War with China Will Increase Damage to American Soybean Farmers
The Administration’s decision to impose 10 percent tariffs on an additional $200 billion in Chinese imports—and China’s subsequent retaliation on $60 billion of U.S. products—deepens and prolongs the trade war between the two countries, posing even more adverse consequences for American soybean farmers. Davie Stephens, a soybean grower from Clinton, Kentucky, and American Soybean Association (ASA) vice president stated, “If …
ASA Focusing on Monarch habitat
While trade issues remain a top priority for the soy industry, the American Soybean Association (ASA) is taking a moment this fall to highlight the importance of monarch habitat in its overall conservation efforts, which include soil and water quality, and pollinator preservation. This week, ASA launched a month-long effort on social media to showcase the importance of monarch habitat. …
Soybean Growers Back in D.C. to Talk Trade Resolution
The American Soybean Association is back in Washington, D.C., just weeks after their July Board of Directors meeting. Grower leaders are meeting with officials at the Department of Agriculture and with lawmakers to talk over options for offsetting the long-term damage from China’s retaliatory tariff on American soybeans. John Heisdorffer, ASA President, says they know that President Trump is aware …
American Soybean Association Joins Farmers for Free Trade
The American Soybean Association this week announced it will join Farmers for Free Trade. Representing soybean farmers across the nation, ASA is joining the bipartisan campaign self-described as “amplifying the voices of American farmers, ranchers and agricultural businesses that support free trade.” ASA CEO Ryan Findlay says agriculture needs “strong like-minded allies” in advocating for new trade agreements and expanding …
Trade War Costly for U.S. Farmers
The trade war between the U.S. and China is proving to be costly to U.S. farmers, just as President Trump announced the intent for further tariffs, escalating the tense state of affairs. University of Illinois agriculture economist Scott Irwin this week on Twitter says the outlook has “moved into disaster territory,” specifically, regarding soybeans. Jim Bower of Bower Trading in …
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