Articles Tagged with ''china''

China announced Friday it will increase tariffs on $75 billion worth of U.S. agricultural and other goods by 5-10% in retaliation for U.S. plans to hit about $300 billion worth of Chinese exports with new import taxes.

China on Thursday issued a stern new warning that it will be forced to retaliate if the U.S. follows through on a threat to levy new import tariffs, beginning Sept. 1.

I’m flat busted. My Missouri corn and soybean farm is bankrupt, financially incompetent, a lousy credit risk, upside down--you pick the financial euphemism for a balance sheet that is downright ugly. I’m still paying my bills on time and eating good, due to some profitable years in the recent past, but any honest appraisal of my farm’s future income and liabilities is dark indeed. Of course, if there is any comfort to be found in shared misery, every other producer of corn and soybeans in the U.S. is in the same position.

China is threatening to retaliate against the latest U.S. tariffs President Donald Trump threatened, according to a release from Xinhua News, a government-run media outlet.

Top U.S. and Chinese trade officials met over the phone Tuesday to try to further negotiations to end the countries’ trade war, said to President Donald Trump, who said the negotiations were “productive” and offered optimism that a conclusion could come soon.

Minnesota Sen. Amy Klobuchar has a message for her fellow Democratic candidates trying to crack President Donald Trump's hold on rural voters: They need more than “a bunch of policies on a piece of paper."

Former Vice President Joe Biden says President Donald Trump’s ongoing trade war with China will be harder on the farm economy than many producers think, pushing some into bankruptcy and stressing related industries.

China, in retaliation for new U.S. tariffs, revoked its latest goodwill gesture of exempting some Chinese importers from its own tariffs on U.S. soybeans, but at least one U.S. shipment will get through unscathed, according to U.S. government and industry officials.