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Trade

Shortliner News Ag Trade 

China Buys Big on Corn, Soybeans

July 28, 2020July 28, 2020 Kristi Ruggles China

An economist says it is encouraging that despite ongoing political tensions, China has remained an active buyer of U.S. soybeans. With Brazilian supplies running out, China will have to keep coming to the U.S.

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Shortliner Trade COVID-19 

USMCA Delayed, Tariff Relief Anticipated

April 7, 2020April 7, 2020 Kristi Ruggles tariffs, USMCA, COVID-19

Lawmakers and business groups have ramped up pressure on the administration to grant tariff relief to companies reeling from the coronavirus pandemic. The virus also has forced a delay in the start date for USMCA.

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News Trade COVID-19 

USMCA Delayed, Tariff Relief Likely

April 2, 2020April 2, 2020 Kristi Ruggles tariffs

In response to the all-consuming demands of COVID-19, the administration is considering suspending tariffs, with exceptions. The implementation of USMCA also is on hold.

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Shortliner News Ag Trade 

Trade with China: Leaders Stay Focused on Phase One

March 17, 2020March 17, 2020 Kristi Ruggles trade, China

Trade leaders for U.S. and China stay focused on deal amid global pandemic.

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Shortliner Trade 

U.S., China, Take First Steps After Phase One Deal

February 18, 2020February 18, 2020 Kristi Ruggles trade, China

The U.S. and China took the first steps last week in implementing a trade deal that ultimately could generate an additional $32 billion in agriculture exports to China.

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USMCA - Flag Image
Shortliner Trade 

USMCA: Success in D.C. Does Not Mean Done Deal

January 28, 2020January 28, 2020 Kristi Ruggles USMCA, Trudeau

President Trump signed his signature trade deal with Mexico and Canada last week, but the three countries still must meet many of their obligations before the pact can take effect. A former aide to the president has cautioned that the pact may not be in force until 2021.

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Shortliner Trade 

Final Round of Trade Aid to Farmers ‘Imminent’

January 28, 2020January 28, 2020 Kristi Ruggles Sonny Perdue, Trade Aid, MFP

Sonny Perdue told farmers that the final 2019 installment of trade was on the way. In 2020, he expects a robust export market to restore farm incomes.

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Shortliner Trade 

Iowa, Illinois Surpass Billion-Dollar Mark in Trade Aid

January 12, 2020January 12, 2020 Kristi Ruggles trade, Market Facilitation Program

USDA’s Farm Service Agency has paid out nearly $11 billion in 2019, with Iowa, Illinois, and Minnesota receiving the most.

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Shortliner Trade 

Done Deal: U.S., China Reach Phase One Agreement

December 17, 2019December 18, 2019 Kristi Ruggles trade, China

A phase-one trade deal stipulates China buy $200 billion worth of U.S. goods and services, which includes $40 to $50 billion worth of agriculture products.

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Shortliner News Featured - Home Small Trade 

Mini Trade Deal with Japan Good for U.S. Meat

December 17, 2019December 19, 2019 Kristi Ruggles Japan, TPP

Japan will lower or eliminate tariffs on $7.2 billion worth of U.S. farm exports starting Jan. 1. The president of the U.S. Meat Export Federation called it “one of the biggest developments in the history of red meat trade.”

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Shortliner Featured - Home Small Trade 

Ahoy, Soy: Beans Arrive on China’s Shore

December 3, 2019December 3, 2019 Kristi Ruggles trade, soybeans

American soybeans that were once stranded on ships along China’s coast are now coming ashore. The beans were stranded because although a 30 percent retaliatory tariff had been waived, buyers still had to pay a deposit.

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Shortliner Trade 

White House Restores Metals Tariffs in South America

December 3, 2019December 3, 2019 Kristi Ruggles tariffs, steel, Argentina

President Donald Trump on Monday said he would restore tariffs on U.S. steel and aluminum imports from Brazil and Argentina. He said the countries have been “presiding over a massive devaluation of their currencies, which is not good for our farmers.”

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Shortliner Featured - Home Small Trade 

China Buys Canadian Wheat During Canola Feud

September 3, 2019September 3, 2019 Kristi Ruggles

China has imported 92 percent more Canadian wheat this crop year compared to last. Meanwhile, the countries’ canola spat drags on.

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