Items Tagged with 'Trade'

A bipartisan group of more than 100 lawmakers on Wednesday called on the Trump administration to launch a probe into unfair trade practices from sugar-producing countries.

From March 2025 to February 2026, U.S. ag exporters lost $14.9 billion in sales to China on an annualized basis due to Chinese tariff retaliation, a new study finds, with soybeans accounting for almost half of the losses. The figure dwarfs the losses recorded in the first year of U.S-China trade tensions in President Donald Trump’s first term.

Beijing is applying the same strategy it used to build export dominance in manufacturing industries to certain food products, analysts say, building production hubs, picking national champions and offering subsidies. The push is primarily a drive for self-sufficiency, but could also reshape regional food trade and supply chains.

The Trump administration is considering how to overhaul a trade preference program for African economies. U.S. agriculture sees an opportunity to extract trade concessions and address trade irritants.

China will buy at least $17 billion in U.S. agricultural commodities each year for the next three years – on top of preexisting commitments on soybeans – as part of a deal struck during President Donald Trump’s visit to Beijing, according to the White House. In addition to those purchases, the administration separately secured commitments to revive poultry and beef exports.

President Donald Trump left Beijing on Friday with two new vehicles for cooperation with Chinese officials on trade and investments, hundreds of reinstated beef export facility registrations as well as some new ones, and the next bilateral leaders' meeting lined up. U.S. agriculture is still hoping there is more in store. 

U.S. Trade Representative Jamieson Greer says Beijing will commit to purchasing at least $10 billion in U.S. agricultural products annually following President Donald Trump’s trip to Beijing.

The Trump administration said Tuesday it is “fine-tuning” its planned executive actions to boost beef imports and support efforts to expand the domestic cattle herd.

The Court of International Trade dealt the Trump administration another trade policy blow on Thursday, ruling that a 10% global tariff applied to most U.S. imports is illegal.

The European Commission Monday declined to recommend any further changes to the legal text of a forthcoming deforestation rule, although it will narrow the scope to exclude leather products. The U.S. timber industry is lamenting a missed opportunity to address its concerns.