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Balanced Reporting. Trusted Insights.
Sunday, September 26, 2021
Fertilizer imports from Russia and Trinidad and Tobago are likely harming U.S. industries, according to a new finding released Friday by the International Trade Commission.
U.S. and Chinese negotiators have agreed to eliminate some tariffs “in phases” as talks continue to finalize a partial Phase One trade deal, a spokesman for China’s Commerce Ministry said Thursday at a press conference in Beijing.
China on Thursday issued a stern new warning that it will be forced to retaliate if the U.S. follows through on a threat to levy new import tariffs, beginning Sept. 1.
The U.S. Department of Commerce has agreed to reduce the some of the U.S. duties on biodiesel shipped from Argentina, and that has U.S. soybean farmers upset.
China is the largest foreign buyer of U.S. agricultural commodities, and the Trump administration’s increasingly antagonistic trade tactics have farmers and ranchers here bracing for retaliation.
The International Trade Commission (ITC) voted unanimously that the U.S. biodiesel industry has been disadvantaged by imports of biodiesel from Argentina and Indonesia, a move that could pave the way for countervailing duties to be put in place by the end of the year.
WASHINGTON, Aug. 22, 2017 – Subsidies provided for biodiesel production in Argentina and Indonesia run afoul of international trade rules, the U.S. Commerce Department ruled Tuesday when it slapped a countervailing duty on imports from the two countries.
WASHINGTON, June 8, 2017 – The preliminary deal that the U.S. and Mexico announced on Tuesday on Mexican sugar exports hasn’t halted negotiations or pressure from lawmakers and industry groups on the Commerce Department to alter the agreement as it was laid out to the public.
WASHINGTON, May 11, 2017 – When President Donald Trump met with Chinese President Xi Jinping about a month ago, they agreed on a 100-day action plan to address trade barriers between the two countries. Now those discussions appear to be clearing the way for more U.S. beef and biotechnology.
