Trade

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U.S. dairy exporters are losing money as they try to maintain their hard-won footholds in the Chinese market amid the rising tariffs resulting from President Donald Trump’s trade war.

The trade deal struck Monday with Mexico is a major respite for the U.S. agriculture sector after enduring one trade disruption after another. But the Trump administration has a long way to go to restore any semblance of normality to the international marketplace that farmers and ranchers increasingly depend on to sell their crops.

The Department of Agriculture may have addressed many of the lingering questions about its trade assistance package with a Monday announcement detailing many of the relevant figures, but inquiring producers are still wondering how many aspects of the plan will be sorted out.

There are some similarities and some notable differences between the current 'trade war' with China and the Soviet Grain embargo, according to economists.

Trade and agriculture issues may play unusually prominent roles in congressional races this fall as Democrats look to seize control of the House and hang on to Senate seats they hold in farm states that President Donald Trump carried in 2016.