Items Tagged with 'tree nuts'

The U.S. agricultural trade deficit is projected to grow to $42.5 billion in the fiscal year that starts Oct. 1, while sales to China extend their slump, providing fresh fuel to ongoing election-season debates about the future of trade policy.

Farmers can afford to implement a new heat standard, the Occupational Safety and Health Administration said in an analysis of a proposed rule that shows annual costs for most farming operations would be less than 1% of revenue.

Overall, American agricultural exports have recovered from the trade war with China that began five years ago, but many specialty crops still suffer from Chinese retaliatory tariffs.

Declines in fertilizer prices from 2022 highs and an improvement in California’s water supply suggest the upcoming fruit and nut season could be a good one for growers.

India, an international ag trading powerhouse that often comes into friction with the U.S. over tariff and nontariff barriers, is the only Indo-Pacific Economic Framework country out of 14 not participating in the pact’s trade pillar after a major summit held in Los Angeles this week, according to government officials.

The quick pace of U.S. soybean and corn sales – particularly to China - is one of the biggest factors behind a new USDA forecast that shows U.S. ag exports rising to $140.5 billion in fiscal year 2021, which starts Oct. 1.

Ag trade experts are working to assess how President Donald Trump's call for an end to preferential trade treatment for Hong Kong will impact American ag exports there, but say there appears to be no direct impact on the "phase one" trade deal with China.

Produce industry groups are asking the Agriculture Department for up to $5 billion in payments to compensate growers and dealers for losses they suffered when restaurants, schools and colleges suddenly closed because of the COVID-19 pandemic.

The U.S.-China trade war escalated again for the second time Friday after President Donald Trump declared the U.S. would increase rates for existing tariffs on $250 billion of Chinese goods as well as boost tariffs on $300 billion worth of imports that haven’t yet been levied.

U.S. farm groups are coming out in strong support of the Trump administration’s new trade assistance package to help soften the blows of Chinese tariffs, but also stress the new aid is only short-term relief and far less effective than an end to the trade war.