Articles tagged under: tariffs
Tariffs Take Their Toll on the Pork Business
Published June 6, 2018
This past week, Mexico imposed tariffs on U.S. pork. That’s on top of a 25 percent additional duty implemented by China on April 2. Both of these moves are retaliation for the U.S. duties on steel and aluminum imports. National…Retaliation a Concern for Pork Producers
Published June 1, 2018
The talk about trade and tariffs has evolved into conversations about rhetoric and retaliation. Montgomery, Minnesota pork producer Karen Richter participated in the World Meat Congress in Dallas and says the possible downturn in pork exports is a worry. "Trade…U.S. Grains Council Shares Concerns on Tariffs
Published May 31, 2018
In a statement, U.S. Grains Council CEO Tom Sleight says the council is concerned about the tariffs. Agriculture will likely be the first hit by counter measures from trading partners. Sleight also says it appears the U.S. needs to prepare…Analysts Encouraged By U.S.-China Talks
Published May 22, 2018
R.J. O’Brien Head of Market Insights Rich Feltes says news the U.S. and China are pulling trade tariffs off the table is encouraging, which should indicate China will not cancel anymore old crop soybean shipments. “China still has 3.2 million…Extension Granted to Canada, Mexico and EU
Published May 1, 2018
The White House has announced a 30-day delay extension before the U.S. tariffs on steel and aluminum imports from Canada, Mexico and the European Union take effect. The Trump Administration also has an agreement in principle with Argentina, Brazil and…EU Prepares for More Tariff-Free U.S. Beef
Published April 27, 2018
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 reports the move comes at the same time French President Emmanuel Macron and German Chancellor…China Files WTO Dispute
Published April 10, 2018
China has filed a dispute with the World Trade Organization, alleging U.S. tariffs on steel and aluminum violate world trade rules. However, the Chinese did reconfirm they will lower tariffs on cars, potentially paving the way for negotiations. The announcement…A More Moderate Trade Tone
Published April 9, 2018
The rhetoric over trade and tariffs was in overdrive last week. On the Sunday talk shows, the Trump Administration took a more moderate approach. Treasury Secretary Steven Mnuchin was on CBS’s ‘Face the Nation’ and said the Trump Administration simply…A Plan for Agriculture
Published April 6, 2018
President Trump wants Agriculture Secretary Sonny Perdue to implement a plan to protect farmers and agricultural interests hurt by Chinese tariffs. North Dakota Senator John Hoeven says this could happen through Commodity Credit Corporation funding. “To Secretary Perdue’s credit, he…