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Shining Light on Farm & Food Policy for 20 Years.
Monday, September 30, 2024
USDA officials are working under increasing pressure to devise programs to help compensate farmers for expected losses due to new Chinese tariffs, but the complexity of the task is daunting, say government officials.
In the latest salvo of trade actions between the U.S. and Chinese governments, the Chinese Ministry of Commerce (MOC) announced plans today to impose a 25 percent tariff on $50 billion of U.S. goods, including soybeans, aircraft and automobiles, according to the Chinese News Agency, Xinhua.
U.S. rice farmers and millers are climbing one of the final obstacles to gaining access to China’s massive import market, but there isn’t much celebrating going on. That’s because the two countries have come to the brink of an all-out trade war and it's looking like rice trade may become just one more casualty.
The question of which country will be the first to sit down for serious negotiations on a bilateral free trade agreement with the U.S. under the Trump administration is still wide open, but India is likely a top candidate.
With participation lagging, the National Agricultural Statistics Service is redoubling its efforts to encourage farmers and ranchers to answer questions for the 2017 Agricultural Census.
The International Trade Commission voted 4-0 on Tuesday to affirm the belief that the biodiesel industry has suffered economic harm as a result of dumping of product from Argentina and Indonesia.
China is starting its retaliation against U.S. steel and aluminum tariffs today, announcing it is imposing its own tariffs on a list of 128 U.S. products that are mostly farm commodities.
U.S. and South Korean negotiators have reached a preliminary agreement to preserve the six-year-old free trade pact between the two countries that has been very lucrative for U.S. agricultural exports, say Trump administration officials.
Beef, poultry, dairy and rice are just some of the commodities the U.S. could be exporting a lot more of to the UK if it breaks away from trade barriers when it exits the European Union.
President Donald Trump today signed off on a plan to punish China for years of stealing intellectual property by imposing about $60 billion worth of tariffs on Chinese goods. The move came despite a growing chorus of warnings from Capitol Hill and farm groups that China will retaliate by taxing or blocking U.S. agricultural goods.
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