…the same day the farm bill conferees meet. The bill would impose a 100 percent tax on government benefits including food stamps received by workers at companies with 500 or…
China, U.S. Trade War Deepens with More Tariffs
…additional 25 percent in duties on Chinese imports ranging from motorcycles to steam turbines and railway cars, and the Chinese retaliation will see a similarly sized tax on items including…
Commodity Prices Have Landowners Searching for Additional Income
…with current prices impacted by trade issues. In some states, landowners have also been facing increased costs due to rising property tax bills. For owners who have the right type…
China Tariff on U.S. Pork Now Tops 60 Percent
…a 13 percent value-added tax on most agricultural imports. China represented 17 percent of total U.S. pork exports by value in 2017. NPPC President Jim Heimerl added: “We need these…
Equipment Manufacturers: Trade War Bad for Business, Risks Jobs
…tax reform, hurting the entire U.S. economy.” Slater said while the president is right to address China’s intellectual property theft and unfair trade practices taxing American citizens won’t fix the…
Perdue Comments on 2018 Farm Bill Passing the House of Representatives
…Trump Administration, including tax reforms and reductions in regulations, however a Farm Bill is still critically important to give the agriculture community some much-needed reassurance. No doubt, there is still…
Tariffs Throw Another Monkey Wrench Into NAFTA 2.0
…the president shoots himself in the foot on the economy during a time when regulatory and tax reform is doing so well. From the National Association of Farm Broadcasting News…
Brazil Truck Drivers Quit Working Because of High Diesel Prices
Brazilian truck drivers were protesting high diesel prices for a fourth day this week on Thursday. The truckers don’t plan to quit with blockades until measures to reduce fuel taxes…
Secretary of Agriculture Sonny Perdue: “Trump Administration Stands Behind Ag Producers”
…We’ve seen strong farm exports, illustrating worldwide demand. … The agriculture community is already seeing benefits from the president’s historic tax cuts and reforms. Farmers, ranchers and producers are now…
New ‘Got Jobs?’ Campaign Demonstrates Dairy’s Substantial Impact on US Economy, States and Local Communities
…of the national economy, showing dairy is responsible for $24.9 billion in state and local business tax revenues and another $39.5 billion in federal business tax revenues. “With the Trump…
Equipment Groups Release Policy Survey Results
…on their businesses. Dealers and manufacturers were in consensus that the two most beneficial provisions of the tax legislation were the lower corporate tax rate and the favorable expensing provisions…
Trump Tariffs Impacting Manufactures, Ag and Beer Makers
…metal building, farm equipment, and even the beer industry. The Beer Institute, which represents the brewing industry, calls the tariff on aluminum a $347 million tax on the U.S. beer…
Farmers for Free Trade Report Highlights Damage from Chinese Retaliation
…a tax on American farmers. “They increase the cost of exporting, depress the prices of farm futures, and end up hurting the bottom lines of farmers across the country,” the…
Farmers and Ranchers: Time Running Out to Complete the 2017 Census of Agriculture
…The follow-up will give them and other producers the opportunity to ask questions,” said Hamer. “Some farmers and ranchers were waiting until they gathered their tax documents before completing the…