Trade
Trade talks with China are set to kick back up next week in Washington, D.C. and Farm Journal Washington Correspondent Jim Wiesemeyer thinks there’s a 98% the U.S. will see a trade deal soon.
President Donald Trump plans to to implement the previously delayed tariff increases on Chinese goods on Friday, raising tariffs from 10% to 25% on $200 billion worth of goods.
As numbers continue to roll out, and the impacts of ASF are fully realized, it could be a bullish demand story for all proteins as the industry could face a protein shortage this year.
With investors still worried about the fallout from the trade war, China will this week announce industrial production and retail sales for February.
Is a focus on China costing U.S. farmers market share in Japan?
President Donald Trump plans to meet with China’s top trade negotiator Friday afternoon as the U.S. tries to forge a preliminary deal with its biggest economic rival.
President Donald Trump says he will extend a deadline to escalate tariffs on Chinese imports, citing “substantial progress” in weekend talks between the two countries.
USDA has extended the deadline for MFP applications.
Tariff aid payments under the Market Facilitation Program (MFP) could face another delay as the federal government inches ever closer to a partial shutdown.
The White House touted over the weekend and again on Monday that China will immediately start buying U.S. agricultural goods. Ag economist Wally Tyner warns with tariffs still in place, that may not be a reality soon.
The Chinese agreed to buy a “not yet agreed upon, but very substantial amount of agricultural, energy, industrial” and other products from the United States to reduce America’s huge trade deficit with China.
U.S. President Donald Trump and Chinese President Xi Jinping agreed to keep their trade war from escalating with a promise to temporarily halt the imposition of new tariffs.
New round of aid payments likely to be similar to the first round.
Talks between the U.S. and Canada ended Friday without a deal on a new North American Free Trade Agreement, but discussions are expected to continue next week, according to a person familiar with the matter.
The U.S. has so far imposed tariffs on $50 billion in Chinese goods, with Beijing retaliating in kind. Now, President Trump appears ready to up the ante to $200 billion.
China and the U.S. resume trade talks this week, ending the hiatus after an earlier deal collapsed in May. Here’s what to watch in the talks.
Strong June results capped a huge first half of 2018 for U.S. beef exports. June pork exports were lower than a year ago for the second consecutive month, but first-half volume and value are ahead of last year’s pace.
The Trump administration said it’s weighing whether to increase the proposed tariff on $200 billion of Chinese goods to 25 percent from 10 percent, stepping up pressure on Beijing to change its trade practices.
“Stick with us,” Trump told farmers and attendees at his campaign-style speech at the Veterans of Foreign Wars’ national convention in Kansas City July 24, 2018.
Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn.
News outlets reporting China proposed to buy roughly $70 billion worth of U.S. ag and energy products if the US lifts its tariffs. However, some in the administration say the number is flawed.
President Donald Trump orders USTR to consider imposing tariffs on an additional $100 billion in Chinese imports, raising concern the world’s two largest economies were hurtling toward a full-blown trade war.
U.S. farm groups urge President Trump to engage China in constructive ways to remove the $50 billion tariff threat.
The White House is calling the KORUS renegotiation a win.
Money spent on U.S. export market promotion are failing short, as other countries are investing more into trade agreements.
The President signed USMCA Wednesday, which completed the ratification process in the U.S. However, even if Canada passes USMCA early next month, experts say it could take months to implement the deal.
2020 is full of unknowns when it comes to the markets, but both market analysts and Washington watchers agree on one thing: the political environment will impact the markets in 2020.
President Donald Trump will address farmers regarding his 2019 tariff aid plan.
As the partial government shutdown enters day six, the majority of USDA isn’t disrupted yet. If the standoff between the White House and Congress persists, it could impact the timing of the tariff aid relief from USDA.
![“I think Peter [Navarro] was misunderstood,” Lighthizer told Flory. “Trust me that the trade deal is on. It's the biggest trade deal anybody's ever done, and it is completely on.”](https://assets.farmjournal.com/dims4/default/6e12f37/2147483647/strip/true/crop/4653x3108+4+0/resize/250x167!/format/webp/quality/90/?url=https%3A%2F%2Ffj-corp-pub.s3.us-east-2.amazonaws.com%2Fs3fs-public%2F5441BABB-DF77-4B1E-A8A8B958B17092CC.jpg)
As large Chinese purchases of soybeans continue to roll in while rumors of a broken relationship abound, U.S. Trade Representative Robert Lighthizer assured farmers on Wednesday that the deal is still intact.