China
University of California economists estimate U.S. exporters of 10 fruits and nuts could see a loss of $2.64 billion a year due to tariffs — and up to $3.34 billion a year for potential effects on other markets.
Unrelenting trade friction with China will likely cost U.S. fruit growers export sales again in 2019.
A Congressional disaster relief bill headed for President Trump’s desk for his signature will provide more direct aid to U.S. cherry growers hurt by China’s retaliatory tariffs.
Amid chatter that the Trump administration may try to help ease the pain to growers, China planned to up its retaliatory tariffs on U.S. imports.
Cherry, grape, cranberry and tree nut producers are among U.S. growers who will receive direct payments from the U.S. Department of Agriculture this year to offset damage caused by retaliatory tariffs.
Potato industry leader Dan Moss voiced support for immediate Congressional approval of the United States-Mexico-Canada Agreement and expanded potato trade with China at a White House trade event May 23.
Rep. Garamendi says the USDA partnership with the Port of Oakland “isn’t going to solve the problem” because shippers deliver product to the U.S. and leave ports with empty containers.
China contains the largest population of any country in the world. All those mouths drive demand across the globe and for your farm’s products.
The U.S.-China trade war began in July 2018 when the Trump administration imposed tariffs on $550 billion worth of Chinese goods. Nearly four years later, the debate remains as to which country actually won.
Shanghai offered some tax rebates for companies and allowed all manufacturers to resume operations from June as authorities rolled out policies to revitalize an economy impacted by Covid-19 lockdowns.
Have the Pacific Coast port bottleneck issues been resolved, or moved somewhere else? The East Coast may now be carrying the burden.
California agriculture was hit hard by the 2018-19 trade war with China, and there is increasing support in Congress for further restrictions on trade with China.
U.S. farmers and various trade groups are very apprehensive about not only the potential negative impacts of tariffs on the U.S. ag sector, but what they do to garner new trade agreements.
These customized levies, expected to be finalized by April, are designed to rebalance trade relationships and target unfair practices, including subsidies, regulations, and exchange rate manipulation.
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.