Mexico levied punitive tariffs – 10 percent effective today (June 5, 2018), escalating to 20 percent on July 5 – on unprocessed pork (not including variety meats) in retaliation for …
China Says U.S. Tariffs Will Negate Current Trade Talks
China says any tariffs implemented on the nation by the United States will dampen the ongoing trade talks between the two. The Chinese government in a statement said: “All economic …
Tariffs Throw Another Monkey Wrench Into NAFTA 2.0
The steel and aluminum tariffs imposed by President Trump threw another wrench into the North American Free Trade Agreement talks. Politico says that will further delay a final agreement between …
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 …
Producers Getting Whiplash from Trade Back-and-Forth
American producers are suffering from dizziness, thanks to the back-and-forth headlines regarding the U.S.-China trade dispute. Tuesday, the Trump Administration announced it was moving ahead with plans for protecting intellectual …
Trade Retaliation Already Hurting Pork Producers
The National Pork Producers called for a swift resolution to the U.S.-China trade dispute because pork producers are feeling the pain. Iowa State University Economist Dermot Hayes says U.S. pork …
Brazil Trucker Strike Disrupting Ag Exports
The Brazilian trucker strike has officially disrupted supply and exports of farm products from one of the biggest ag exporting countries in the world. A Reuters report says Brazil is …
NAFTA Talks Continue, Time Running Short
Negotiations of the North American Free Trade Agreement (NAFTA) continue this week in Washington, as all sides are trying to wrap up the talks quickly. Canada’s foreign minister Chrystia Freeland …
U.S. to Continue With Trade Action Against China
Despite a potential agreement on trade issues between the U.S. and China, the Trump administration will continue to pursue action against China. By mid-June, The U.S. is expected to release …
Trade Retaliation Hurting U.S. Pork Producers
Producer Losses at $2.2 Billion Since March 1 The National Pork Producers called for a swift resolution of the United States-China trade dispute, paving the way for increased U.S. pork exports to the world’s largest pork-consuming nation. According to Iowa …
Ross Heading to China June 2-4
U.S. Commerce Secretary Wilbur Ross will be in China June 2-4 for another round of talks amid trade tensions between the world’s two largest economies. Reuters says The trade dispute …
Rural Mainstreet Index Chief Eyeing Two Economic Red Flags
The Rural Mainstreet Index has been steadily climbing over the last four months, signaling improving conditions in farm country. However, the man behind the RMI, Ernie Goss from Creighton University, …
USDA Heavily Involved in Trade Talks
The USDA Foreign Agricultural Service has been “intimately involved” with U.S. trade negotiators and will be included in an upcoming trip to China. Politico says the U.S. delegation will be …
Trump Raises Doubts About U.S.-Chinese Trade
President Donald Trump cast doubts on Wednesday regarding the prospects for talks between the U.S. and China that are aimed at heading off a trade war. An Associated Press report …