Buoying stock prices and industry hopes on Oct. 11, China and the U.S. have agreed to what President Trump called a “very substantial phase-one deal” to take heat out of the trade war that began last year.
(UPDATED, Aug. 14) Sparking a 400-point rally in the Dow Jones Industrial Average, the United States Trade Representative said Aug. 13 the U.S. will delay tariffs on some imports from China until Dec. 15.
The Southeast blueberry industry is at a crossroads as it looks to modernize with more accurate tracking, improve its fruit varieties and find ways to deal with approaching market saturation and increasing imports.
The latest fiscal 2019 trade estimates from the U.S. Department of Agriculture raise predictions for fresh produce imports compared with a November forecast but keep the estimate for fresh produce exports stable.
U.S. fruit growers want trade, not aid. While the Trump administration has promised to help farmers hurt by retaliatory tariffs, the kind of help fruit exporters most want is access to tariff-free access markets.