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Tag Archives: trade

TPP HOKEY-POKEY

After flirting last week with the idea of rejoining the TPP, President Donald Trump Tuesday slammed the door on the suggestion, saying that while Japan and South Korea would like the U.S. to rejoin the agreement, he had no intention of doing so. “Too many contingencies and no way to get out if it doesn’t… read more

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TRADE UPDATE

IFB President Richard Guebert Jr. thanked members for the “strong response” to the recent action request related to trade and tariffs during an update to county leaders Tuesday. Guebert said the effort sent a strong message to President Donald Trump and Congress on the importance of trade for farmers. (FarmWeekNow.com)

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TRUMP TALKS TPP

President Donald Trump is talking about getting the U.S. into the Trans-Pacific Partnership. After Trump withdrew the U.S. from the partnership last year, the remaining 11 nations struck their own deal. (Wall Street Journal)

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#PORK EXPORTS TO #ARGENTINA

The USDA Secretary with the U.S. Trade Representative say the government of Argentina has finalized technical requirements to allow U.S. pork imports into Argentina for the first time since 1992. (USDA)

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FARM RELIEF?

Leaders close to talks say the Trump administration wants to dissolve opposition to its trade policies with a relief package for farmers affected by the possible U.S. trade war with China. The plan, while not yet pinned down, is expected to be in the billions. (Wall Street Journal)

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TRUMP DEFENDS TARIFF DECISION

President Trump is upping the ante in U.S. trade policy shake ups by challenging China’s tariff announcement. The U.S. is warning of an additional $100 billion in tariffs, tripling the original amount. Trump says pain to financial markets now will be worth it in the long run. (New York Times)

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FARMERS: ‘LET’S HOPE THIS IS A WAR OF WORDS’

Concern, fear, and uncertainty describe the feelings of many midwestern farmers attempting to predict their own futures facing potentially costly tariffs as China’s response to a trade war sparked by President Trump. (Crain’s Chicago Business)

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MORE CORN THAN BEANS?

As ag industry leaders speculate about how much corn versus soybeans farmers will plant this year, the American Soybean Association calls China’s proposed 25 percent soybean tariff “devastating” to U.S. farmers. Some experts think farmers will feel pushed to plant more corn. (Pantagraph)

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OIL DROPS

#Oil fell to about $69 a barrel on Monday amid a rise in Russian production and concern about a U.S. – #China trade spat. (Reuters)

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CHINA RETALIATION

#China imposed tariffs on a range of U.S. goods, following through on a promise to retaliate against the Trump administration’s penalties on imports of Chinese steel and aluminum. The tariffs include penalties of 25 percent on pork. (New York Times)

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