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Shining Light on Farm & Food Policy for 20 Years.
Monday, April 29, 2024
China is threatening to retaliate against the latest U.S. tariffs President Donald Trump threatened, according to a release from Xinhua News, a government-run media outlet.
Legislators may get their chance this fall to take back some of the authority on tariffs they gave away more than 50 years ago while also handing a rebuke to President Donald Trump.
Top U.S. and Chinese trade officials met over the phone Tuesday to try to further negotiations to end the countries’ trade war, said to President Donald Trump, who said the negotiations were “productive” and offered optimism that a conclusion could come soon.
Minnesota Sen. Amy Klobuchar has a message for her fellow Democratic candidates trying to crack President Donald Trump's hold on rural voters: They need more than “a bunch of policies on a piece of paper."
Former Vice President Joe Biden says President Donald Trump’s ongoing trade war with China will be harder on the farm economy than many producers think, pushing some into bankruptcy and stressing related industries.
The trade war with China has gone on longer than most expected, so it was a jolt to the collective system when President Donald Trump said twice in the past two weeks that it might rage on for another year or longer.
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.
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.
The U.S. and China have wrapped up their first round of face-to-face trade negotiations since talks fell apart in May and both sides agreed to meet again in September as President Donald Trump continues to tone down expectations of a quick resolution.
The latest version of the Trump administration’s trade assistance for farmers may provide some growers with more money than their actual losses from the ongoing trade war with China, but supporters of the aid package say it’s vital to helping many produces to survive until better times.
