The Biden administration is looking at the possibility of new tariffs on China if they can’t persuade Beijing to live up to its failed commitments under the Phase One trade deal. Reuters says the administration is looking at other possibilities, including a closer working relationship with allies to present a united front against China. Myron Brilliant, the U.S. Chamber of …
China Tariff On U.S. Pork Now Tops 60 Percent
U.S. pork producers now face punitive tariffs of 62 percent on exports to China, a market that represented 17 percent of total U.S. exports by value in 2017. China announced a new 25 percent tariff in response to U.S. action under Section 301 of the Trade Act of 1974. That tariff is on top of the 25 percent punitive duty …
Agri View: Pork Exports to Other than China
Everett Griner talks about pork exports to other than China in today’s Agri View. Pork Exports to Other than China You know, one of the most important items to U.S. farmers on that list of China’s embargoed items is pork. It can cost U.S. hog farmers millions of dollars. No one knows how to deal with it, as long as …
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 …
China Steps Up Pork Inspections, Slowing Imports
China is stepping up inspections of pork imports from the United States. Ports are opening and inspecting every cargo that arrives, according to a report by Reuters, compared with inspections carried out only “randomly” in the past. Some trade experts see the move, along with other similar actions by China, as a warning to the United States in response to …
Sorghum Prices Falls Three Times Lower After China Tariff Announcement
Grain-handling company Scoular tells Bloomberg that sorghum bids in the Gulf of Mexico have all but disappeared in the wake of a Chinese decision to impose a 179 percent tariff on U.S. imports. Bob Ludington oversees the Omaha, Nebraska-based company’s grain and oilseed division, and says there’s been very little trade. While some U.S. grain elevators are still bidding for …
Peanuts Not Included in China Retaliation
It was announced that China is moving forward with retaliatory tariffs on some U.S. agricultural products. But according to Tyron Spearman, so far that does not include peanuts. Peanuts Not Included in China Retaliation Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024