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Shining Light on Farm & Food Policy for 20 Years.
Saturday, May 04, 2024
U.S. sorghum producers say they are unfairly caught in the middle of a trade fight between the U.S. and China, which on Tuesday accused the U.S. of dumping the grain on its markets and announced plans to impose a fee of 179 percent on U.S. sorghum imports.
President Donald Trump signaled today that he’s serious about the U.S. rejoining the Trans-Pacific Partnership as a means to counteract China’s growing influence and leadership along the Pacific Rim.
The Trump administration’s new authority to provide emergency assistance to farmers strengthens U.S. negotiating authority in ongoing trade disputes with China, says Agriculture Secretary Sonny Perdue.
If you followed Donald Trump’s presidential campaign, you know that he talked tough on trade – especially when it came to countries he believed were giving the U.S. a raw deal.
U.S. almond farmers were just starting to put behind them a port strike three years ago that decimated exports, and now they are bracing for the impacts of a new 15 percent Chinese tariff that's just one aspect of the burgeoning U.S.-China trade war.
USDA officials are working under increasing pressure to devise programs to help compensate farmers for expected losses due to new Chinese tariffs, but the complexity of the task is daunting, say government officials.
In the latest salvo of trade actions between the U.S. and Chinese governments, the Chinese Ministry of Commerce (MOC) announced plans today to impose a 25 percent tariff on $50 billion of U.S. goods, including soybeans, aircraft and automobiles, according to the Chinese News Agency, Xinhua.
China is starting its retaliation against U.S. steel and aluminum tariffs today, announcing it is imposing its own tariffs on a list of 128 U.S. products that are mostly farm commodities.
