President Donald Trump will not relent in the brewing trade war with China that’s likely to result in even more tariffs and retaliation in the days to come, White House trade adviser Peter Navarro said today.
President Donald Trump announced Monday night that he is ordering that an additional $200 billion in tariffs be levied against Chinese imported goods, raising the stakes in the burgeoning trade war between the two countries.
President Donald Trump today announced the U.S. will hit China with $50 billion worth of tariffs on more than 1,000 Chinese productds, taking the U.S. closer to a trade war with the Asian nation, which has threatened to hit back with tariffs on U.S. soybeans, wheat, corn and other commodities.
President Donald Trump announced today the U.S. is hitting Canada, Mexico and the European Union with steel and aluminum tariffs, putting the fate of the North American Free Trade Agreement into further uncertainty and exposing U.S. farmers and ranchers to retaliation.
House Agriculture Chairman Mike Conaway is struggling to cobble together the votes he needs from GOP colleagues to pass his farm bill while fending off amendments that would roll back the sugar program or cut crop insurance.
Prospects for U.S. farm exports can change suddenly and dramatically. Breaking into foreign markets takes decades of persistent hard work and hefty investments in building infrastructure, relationships and, ultimately, sales.
A crisis is looming for the World Trade Organization’s dispute resolution system as the Trump administration presses the international body to reform its ways and the U.S. ag sector could be a casualty in the coming showdown.