Articles Tagged with ''tariffs''

President Donald Trump on Thursday said his administration plans to impose a new 10% duty on Chinese imports next week, on top of the new 10% duty that went into effect earlier this month.

President Donald Trump told reporters on Wednesday that new tariffs on Mexico and Canada would go into effect April 2, almost a month later than anticipated, but White House officials later walked it back, insisting the March 4 date still holds. 

House GOP leaders are struggling to nail down the votes they need for their budget blueprint. A key message for more moderate members is that the final spending cuts won’t be as great as the budget resolution now calls for. 

Now it’s your move, House Republicans. Senate Republicans on Friday pushed through their skinny budget resolution. House Republicans will try this week to pass a much more sweeping plan that would require $1.5 trillion in spending cuts.

President Donald Trump signed an executive order Thursday that will pave the way for “reciprocal” tariffs on U.S. trading partners that subject U.S. exports to higher duty rates than their exporters face when selling into the U.S. market.

Republicans on Capitol Hill remain sharply divided over the best way to advance President Trump’s policy priorities.

President Donald Trump’s nominee to helm the Office of the U.S. Trade Representative will appear before the Senate Finance Committee today in what promises to be a tariff-heavy hearing.

The Senate Agriculture Committee hears today from representatives from major agricultural sectors on the health of the farm economy. The hearing, which will feature almost a dozen witnesses, comes as farmers grapple with multiple economic threats.

President Donald Trump announced sweeping duties on Canada, Mexico and China over the weekend, triggering a trade conflict with the U.S.’ largest agricultural trading partners.

With spring fast approaching and U.S. crop acreages up, U.S. buyers will likely bear the brunt of the costs of any new tariffs on fertilizers, at least in the short run, analysts tell Agri-Pulse.