President Donald Trump and European Union leaders announced they’ve agreed to work toward “zero tariffs” and “zero subsidies” on a wide range of non-automobile goods. The sides will also work to resolve U.S. tariffs on steel and aluminum which are hitting the European markets hard. In a news conference on Wednesday, the President said the EU has agreed to buy …
U.S., EU to Talk Trade
President Donald Trump says the U.S. and the European Union should drop all tariffs, subsidies, and barriers. This comes as EU trade officials were set to meet with him on Wednesday. In a Tuesday night Tweet, Trump said “I have an idea for them. Both the U.S. and EU drop all tariffs, barriers, and subsidies. That would finally be a …
Japan, EU, Sign Trade Agreement
While the United States remains engaged in a trade disruptive environment, the European Union and Japan have signed a free trade agreement. The agreement, signed Tuesday, is hoped to counteract the protectionist trade environment fueled by the U.S. and President Donald Trump, according to Reuters. The agreement creates one of the world’s largest open economic areas. Japan’s Prime Minister Shinzo …
Agri View: Beef Exports Having Problems
All of the talk about trade war and tariffs has put a strain on a lot of commodities in the United States. None hit as hard as agriculture. Beef exports is no exception. Everett Griner talks about beef exports to the European Union in today’s Agri View. Beef Exports Having Problem The export trade issue started with China. Are we …
EU Imposes Retaliatory Tariffs on the U.S.
The European Union’s (EU) response to Trump’s steel and aluminum tariffs take effect Friday, June 22, 2018. The EU will be charging import duties of 25 percent on a range of U.S. goods. Reuters reports that the European Commission formally adopted a law putting in place the duties on 2.8 billion euros, or $3.2 billion, worth of U.S. goods, including …
Mexico Turning to EU and Others to Replace U.S. Pork Imports
Mexico is turning to the European Union and Latin America to offset any potential declines in U.S. pork imports. Mexico recently announced a 20 percent tariff on U.S. pork shoulders and legs starting next month in response to steel and aluminum tariffs placed on Mexico by the Trump administration. Mexican officials told Politico the nation will allow 350,000 tons of …
More Tariffs From Mexico Planned
More tariffs are expected from Mexico after the nation announced its 20 percent tariff on U.S. pork earlier this week. The list of tariffs from Mexico includes apples, cheeses, potatoes, cranberries, and “Tennessee” and bourbon whiskies, among other items. Mexico is responding to U.S. steel and aluminum tariffs enacted by President Trump and put into place last week, after exempting …
Agriculture Groups Oppose Tariffs
The White House announced that it plans to impose tariffs on steel and aluminum imports from the European Union, Canada and Mexico. And many fear that will trigger potential retaliatory actions against American agriculture. Thus, various groups have sent out releases voicing their opposition to these tariffs. National Pork Producers Council NPPC Statement on Latest Steel and Aluminum Tariffs The …
U.S. Beef Could Expand In E.U. To Help Avoid Trade War
The European Union is preparing to allow more tariff-free U.S. beef into the region as part of an attempt to avoid a trade war. Politico says the move comes at the same time French President Emmanuel Macron and German Chancellor Angela Merkel are making high-level diplomatic trips to Washington, D.C. Both leaders are trying to dissuade President Donald Trump from …
Japan-EU Trade Agreement Threatens U.S. Pork Exports to Japan
The Department of Agriculture’s Foreign Agricultural Service says a Japan-EU trade agreement threatens U.S. pork exports to Japan. Japan and the EU announced finalization of negotiations on the Japan-EU Economic Partnership Agreement in December of last year. For 2017, Japan imported $1.68 billion of pork from the U.S. and $1.69 billion from the European Union. Japan ranked as the world’s …