Articles Tagged with ''pork''

The Department of Agriculture may have addressed many of the lingering questions about its trade assistance package with a Monday announcement detailing many of the relevant figures, but inquiring producers are still wondering how many aspects of the plan will be sorted out.

The USDA on Tuesday rolled out an outline of a $12 billion assistance plan amid growing anger from lawmakers and farm groups over the impacts of foreign tariffs on farm commodities.

The multifront trade war erupting on all sides of the U.S., with allies and others alike, is reaching new heights this week. China is preparing to enact $34 billion worth of tariffs on Friday that have U.S. producers of everything from strawberries to beef bracing for a major disruption in exports.

Mexico’s new 350,000-metric-ton quota for tariff-free pork imports is full, and none of that meat will likely be provided by U.S. producers, according to officials at USDA’s Foreign Agricultural Service. The quota was briefly seen as a potential lifeline for U.S. pork exporters, who were hit last week by Mexico with a 10 percent tariff that increases to 20 percent on July 5.