tarrifs

Reaction continues to pour in after President Trump announced the implementation of tariffs against key allies, including Mexico, Canada and the EU.  Mexico said it will levy import taxes on U.S apples, cranberries, grapes, pork bellies, some cheeses, and some types of steel.  Th...

House Ag Committee Ranking Member Collin Peterson says that American tariffs on steel and aluminum imports will generate retaliation that will hit farm exports hard.  As a result, he’ll be working with House and Senate Ag Committee leaders on a new farm bill to protect farmers from “the market fluctuations caused by these actions.”  A USDA spokesman s...

The timing of last weekend's news regarding progress in U-S/China trade issues and discussions was a positive for USDA's Undersecretary for Trade and Foreign Agricultural Affairs Ted McKinney.   "This planning started way back in October, and so notwithstanding that there were issues brewing, we elected to go ahead and, by golly we are so glad that we followed through, because it's been a wil

The World Trade Organization says Japan, Russia, and Turkey have all warned the United States about possible trade retaliation for U.S. tariffs on steel and aluminum imports. An Agriculture.com article says those tariffs would up the total U...

Deere & Company is raising equipment prices in order to protect profits as costs rise. The farm and construction machinery manufacturer says profits were up 50% and equipment sales were up 34% annually in its latest quarter. However, a Dow Jones report says those numbers disappointed analysts. ...

Hearings are underway in Washington, D.C. on a proposed list of Chinese products the U.S. has targeted with 25% tariff.  The three-day event features testimony from more than 100 witnesses.  One of those testifying is farmer Michelle Erickson-Jones, a member of Farmers for Free Trade, who says the U.S. farm community i...

President Trump has said in the past that if tariffs and fees planned by China on American ag products cause economic hardship for American farmers, the federal government will step in an help those impacted farmers.  But, how will that be done?  Ag...

The proposed 2018 farm bill is unlikely to provide producer relief from tariff retaliation from China or others—the money’s just not there.  House Ag Chair Mike Conaway says he’s working with a ‘bare-bones’ budget to write a farm bill, and argues there’s already money available in an earlier-passed bill.   “Those near term emergency prot...