U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are in China this week for the first high-level, face-to-face discussions since the talks broke down in May. National Cattlemen’s Beef Association (NCBA) Senior Director of International Trade, Kent Bacus, says they are excited about potential opportunities for U.S. beef in China. Sponsored ContentFlorida Cattle Enhancement Board Provides Production ResearchMay 8, 2026Florida …
WTO Rules against US over Pre-Trade War Dispute with China
(NAFB) — The World Trade Organization (WTO) ruled against the United States in a pre-trade war dispute with China, opening the door for more retaliatory tariffs. The ruling says some U.S. tariffs on Chinese goods do not comply with WTO rules. The case opened in 2012 when the United States implemented tariffs aimed at products the U.S. claimed “were unfairly …
Trump: China Letting U.S. Down on Lack of Agricultural Purchases
(NAFB) — President Donald Trump says China “is letting us down” by not purchasing U.S. agricultural products. China is not buying U.S. ag products as Trump says its leaders promised as part of an effort to negotiate towards ending the trade war. Trump and Chinese President Xi Jinping at the G-20 Summit last month agreed to move forward with negotiations …
ASF Claims More Territory in Asia
A Pork Checkoff news release says in just 30 days, the African Swine Fever (ASF) Virus is claiming more territory across all parts of Asia. Statistics from the Food and Agriculture Organization say that ASF is now in Cambodia, China, Laos, Mongolia, North Korea, and Vietnam. Experts predict its relentless march won’t stop there. The death loss continues to grow. …
U.S., China Reach Tentative Truce on Tariffs
(NAFB) — The U.S. and China have agreed to forgo the next round of tariffs that President Trump threatened to impose on $300 billion in Chinese goods. That report comes from both Politico and the South China Morning Post. It comes ahead of a meeting between Trump and Chinese President Xi Jinping this weekend at the G-20 Summit in Osaka, …
Perdue Says Farmers Are “A Casualty” in Trade War
(NAFB) — Secretary of Agriculture Sonny Perdue acknowledged in an interview earlier this week that farmers are “casualties” in President Trump’s trade war with China. Perdue told CNN he didn’t think a trade deal was likely this weekend when Trump and Chinese President Xi meet in Japan. He’s now hoping a deal can be reached by the end of this …
Trump on China Trade Talks and Mexico Immigration Deal
(NAFB) President Trump says in a hopeful sign for renewed trade talks with China, that he expects to meet with President Xi Jinping on the sidelines of a G20 summit in Japan later this month. Trump, speaking to reporters in the Oval Office during a meeting with Poland’s president, now says he plans to meet with China’s Xi Jinping this …
U.S. Pork Producers Seek Main Course, Not Crumbs
China Represents Single-Greatest Sales Opportunity in U.S. Pork History Expanding U.S. export markets is vital to the success of American pork producers, but trade disputes with some of our top markets, most notably China, are hampering growth and have caused severe financial harm to U.S. hog farmers, National Pork Producers Council Vice President and Counsel of Global Government Affairs Nick …
U.S. Hog Industry Reacting to ASF Concerns
Earlier this week it was announced North Korea is now on the list of Asian countries infected by African Swine Fever (ASF). Both China and Vietnam have lost millions of hogs due to the outbreak. In a story from Rod Bain, increases in both safeguards and commodity prices are among the impacts on the U.S. pork industry due to concerns …
Farm Outlook Continues Slide in Ag Economy Barometer
The Ag Economy Barometer dropped again in May. The barometer reading of 101 was 14 points lower than a month earlier and was the lowest barometer reading since October 2016. For the second month in a row, the decline in farmer sentiment was attributable to big declines in both the Index of Current Conditions, which fell from 99 in April …