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Tag Archives: trade

NAVARRO: #CHINA HAS MORE TO LOSE

Top Trump adviser Peter Navarro Tuesday insisted that China had more to lose than the U.S. in the event of a full-fledged trade war. “President Trump has given China every chance to change its aggressive behavior,” Navarro said. “China does have much more to lose than we do.” Markets Tuesday dropped on the news that… read more

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EU TARIFFS TAKE EFFECT FRIDAY

The EU will begin charging import duties of 25 percent on a range of U.S. products Friday in response to U.S. tariffs imposed on EU steel and aluminum earlier this month. The move could signal the beginning of a tit-for-tat escalation in trade tensions between the U.S. and the EU, especially if President Donald Trump… read more

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#TARIFFS FOR U.S. FARMERS PILE ON

U.S. farmers already losing sales to #China and facing tariffs from #Mexico may have more duties to worry about in the coming months. Canada and the EU are considering tariffs on imports of U.S. food and farm goods in response to the U.S. placing tariffs on steel and aluminum imports. Experts say China also may… read more

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BILATERAL DEALS OR #NAFTA?

White House economic adviser Larry Kudlow Tuesday said President Donald Trump is seriously considering separate trade deals with Canada and Mexico but isn’t planning on withdrawing from NAFTA. “The president’s not going to leave NAFTA,” Kudlow said. “He’s just going to try a different approach. I can’t offer timing here, but judging from what he… read more

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HOPE FOR #NAFTA?

Mexican Economy Minister Ildefonso Guajardo Friday said he saw a 40 percent chance of wrapping up NAFTA negotiations before July 1. He marked the odds at 40 percent that negotiations would wrap up after July 1 and before mid-term elections in the U.S. as well. Canada, Mexico and the U.S. had hoped to conclude talks… read more

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TRADE DEAL ‘TOO HARD TO GET DONE’

President Donald Trump Wednesday tweeted that the U.S. and China trade talks are “too hard to get done” and that any possible deal needed “a different structure.” Trump cited the inability to verify results of a trade deal in his tweet but didn’t go into further detail. (Reuters)

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IFB ENCOURAGES #CHINA DEAL

Illinois Farm Bureau, in comments submitted by IFB President Richard Guebert Jr., urged President Donald Trump’s administration to end the trade dispute with China without imposing $50 billion in proposed tariffs. In all, more than 2,800 comments were submitted. A public hearing also was held last week. (FarmWeekNow.com)

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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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