Shining Light on Farm & Food Policy for 20 Years. Thursday, August 01, 2024

Politics

Soybeans

China revokes tariff exemption on soybeans

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.
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President Donald Trump

US to hit more Chinese goods with tariffs amid talks

President Donald Trump said Thursday he will hit roughly $300 billion worth of Chinese goods — effectively the only goods remaining untaxed in the ongoing trade war — with a 10% tariff on Sept. 1, raising concerns that the recently renewed trade talks are not going well.
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