Articles tagged under: trade
Mexico’s Tariffs Will Impact U.S. Pork
Published June 6, 2018
On Tuesday, Mexico imposed an immediate 10 percent tariff on U.S. pork legs and shoulders. A 20 percent tariff will go into effect July 5. Mexico opened a tariff-free quota for pork imports from other countries. The National Pork Producers…A Potential Corn Market Impact from China
Published June 4, 2018
If China chooses to back away from trade agreements, U.S. Commodities President Don Roose thinks the corn market could be impacted more than the soybean market. China typically doesn’t buy U.S. beans during this time of year. “During the summer,…China Trade Discussions Progressing, No Agreement Yet
Published June 4, 2018
U.S. and Chinese trade negotiators ended trade discussions without reaching an agreement Sunday. A statement by China’s news agency says both sides achieved real progress for ag and energy trade, but details need to be worked out. The statement also…U.S. Pork Dodges Trade Bullet
Published June 1, 2018
Trade retaliation continues to keep a lid on the grain and livestock markets. Summit Commodities market analyst Tim Marsh says U.S. pork may have dodged a bullet with Mexico’s retaliation. "Mexico did announce they would put duties on pork chops, but…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…Trade Disruptions Do Impact Farmers
Published May 31, 2018
Starting Friday, the U.S. will impose tariffs on imports of steel and aluminum from Canada, Mexico and the European Union. Exemptions were given earlier this year but expire Thursday night. The decision will likely result in retaliation against U.S. products.…R-CALF Discourages “Skinny” NAFTA Deal
Published May 25, 2018
With talks of a “skinny” North American Free Trade Agreement, R-CALF USA is urging the Trump Administration to stay at the negotiating table. In a statement, R-CALF CEO Bill Bullard said if deficiencies with Canada and Mexico cannot be corrected,…Areas to Improve in China-U.S. Relations
Published May 23, 2018
U.S. Grains Council CEO Tom Sleight says the U.S. is taking a step in the right direction in the settling the dispute with China. Issues still need to be resolved, particularly the biotech approval processes with corn, Dried Distillers Grains…Trade War Put “On Hold”
Published May 21, 2018
In the words of Treasury Secretary Steve Mnuchin, the trade war between the U.S. and China has been put “on hold.” Neither country will impose tariffs while they finalize a deal to reduce China’s huge trade surplus with the United…