Balanced Reporting. Trusted Insights. Thursday, August 16, 2018

Items Tagged with 'china'


USDA to buy up to $50M of fluid milk

The USDA announced today it will be buying up to $50 million worth of fluid milk in an effort to bring financial relief to the dairy industry, which is suffering from high production and foreign trade tariffs.
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China threatens higher tariffs on $60 billion in US exports

China today promised to strike back once again over a planned escalation of U.S. import taxes. The Chinese Finance Ministry announced it will increase tariffs on an additional $60 billion worth of U.S. products if the U.S. follows through with a plan to add tariffs to $200 billion of Chinese goods by September.
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USDA earmarking $12B in trade assistance

USDA officials are scrambling to put together a presentation on an assistance program to help mitigate the tens of billions of dollars in damage that’s expected to be done to farmers and ranchers as a result of the Trump administration’s multifront trade war with China, Mexico, Canada, the European Union and elsewhere.
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Farm groups rail against Trump’s tariffs

Farm group leaders and lawmakers railed against President Donald Trump’s trade policy and tariffs in a House Ways and Means subcommittee hearing today, bemoaning the effects on the ag sector as China, Mexico, Canada, the European Union, Turkey and others retaliate.
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