Articles tagged under: tariffs
Hopeful for a Positive Trade Resolution
Published April 5, 2018
The Chinese are saying the potential soybean tariffs are based on steps taken by the Trump Administration. China is the buyer for more than 60 percent of the total U.S. soybean exports. American Soybean Association Treasurer Bill Gordon is hopeful…A Political Move
Published April 4, 2018
According to North Dakota State University Extension Crops Economist and Marketing Specialist Frayne Olson, the market responded very quickly to China’s threat to impose retaliatory tariffs on soybean, corn and other commodities. “The list is a little bit fuzzy, but…Farmers Will Be Okay
Published April 4, 2018
Agriculture Secretary Sonny Perdue acknowledges the anxiety over the trade dispute between the U.S. and China. During a stop in Ohio, Perdue said farmers will be okay. "The president wanted me to ensure the farmers of America that they will…Deescalating the Trade Standoff
Published April 3, 2018
Virginia Tech professor of agricultural and applied economics Mary Marchant has focused her research efforts on Chinese markets for over a decade. Marchant says international trade theories predict when two or more countries impose tariffs, both countries lose. Right now,…Trade Dispute Gets Real
Published April 3, 2018
The trade dispute between the U.S. and China just got real. The Chinese announced a proposed 25 percent tariff on U.S. soybeans. China is the world’s largest soybean importer, representing a $14 billion market for the United States. This back-and-forth…Swine Industry Pinched by Chinese Tariffs
Published April 2, 2018
China has imposed an additional 25 percent duty on U.S. pork. That’s on top of a 12 percent tariff already in place. Minnesota Pork Producers Association CEO David Preisler says the tariffs have already hurt the hog market. “Various economists…