Items Tagged with 'PNTR'

Former President Donald Trump is promising to renew his attack on the U.S. trade deficit should he win a second term by imposing an across-the-board tariff on imports, a prospect that is alarming to farm groups still smarting from his past trade wars.

Bipartisan recommendations issued by a special House committee call for raising tariffs on Chinese exports and taking steps to protect U.S. farmers from the trade retaliation that would likely result.

Farm groups are warning Congress that revoking China’s trade status could set off a new trade war that would have serious repercussions for the ag economy.