Articles tagged under: tariff

‘Counterproductive’

Published November 29, 2024

President Biden is asking President-Elect Donald Trump to rethink his threat of additional tariffs on Mexico and Canada. Biden said these two neighboring countries are our closest allies and additional tariffs would be counterproductive. Trump is calling for a 25…
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Retaliation Threat

Published November 28, 2024

Retaliation is likely if President-Elect Donald Trump moves forward with his proposed 25 percent tariffs on products from Mexico and Canada. Mexican President Claudia Sheinbaum said she will respond with higher import taxes on U.S. products. Mexico’s economic minister said…
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Tariffs Cost Agriculture

Published October 16, 2024

Farmers will likely bear the burden of a tariff-based approach to trade. That conclusion came from research conducted by the National Corn Growers Association, American Soybean Association and North Dakota State University. The study found a negative impact on U.S.…
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Tariff Rate Cut Extended Through ’23

Published December 20, 2022

The Philippines have extended a reduction in tariff rates on food imports until the end of 2023. The lower rates were established in 2021 and were scheduled to expire at the end of the month. The lower tariffs impact rice,…
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U.S. to Discuss Tariffs With Japan This Week

Published November 15, 2021

The United States and Japan are in negotiations over the steel and aluminum tariffs imposed during the Trump Administration. The Biden Administration eased tariffs on European steel and aluminum last month and Japan now appears to be next in line.…
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Phase One Trade Deal Announced

Published October 14, 2019

On Friday, President Donald Trump announced ‘phase one’ of a trade deal with China. "We've come to a deal on intellectual property, financial services and a tremendous deal for the farmers," said Trump. "A purchase of from $40 billion to…
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More Tariffs for China

Published August 2, 2019

President Donald Trump has promised to impose ten percent tariffs on another $300 billion in Chinese goods and products. Trump said China has failed to ramp up its purchase of U.S. agricultural products, as promised. The new tariffs are scheduled…
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