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.
The Trump administration dispatched two of its top trade officials to meet with farm groups last week and the message was straightforward: The trade war that has generated tens of billions of dollars in tariffs on U.S. farm commodities isn’t likely to be over soon, and the ag sector needs to prepare for a lot more pain.
President Donald Trump and British Prime Minister Theresa May today forcefully stressed that the United States and United Kingdom plan to enter into a free-trade agreement after Britain’s planned exit from the European Union next year.
Trump administration officials have been promising for months that Sonny Perdue’s Agriculture Department will protect farmers and ranchers from billions of dollars of tariffs from China, Mexico, Canada and the EU. But how much can USDA help?
President Donald Trump is following through with promises to hit China with new tariffs on $200 billion worth of imports, U.S. Trade Representative Robert Lighthizer announced today, escalating a trade war that is already hurting the U.S. agriculture sector.