Japan
After months of negotiations, the two countries struck a deal to lower the so-called “reciprocal tariffs” from a proposed 25% to 15%, and said increased rice shipments from the U.S. to Japan are part of the deal.
On Saturday, President Trump threatened to impose 30% tariffs on Mexico and the European Union starting on August 1. The announcement came after a string of new tariff threats last week.
On Monday, 14 countries received letters indicating tariff increases of 25% to 40%, including Japan and South Korea. Meanwhile, President Trump extended the implementation date for those tariffs to Aug. 1
After China retaliated with its own tariffs, the U.S. said on Tuesday that 104% duties on imports from China would take effect shortly after midnight, even as the Trump administration moved to quickly start talks with other trading partners targeted by Trump’s sweeping tariff plan.
Farmers can share what we know in countless ways, from conversations with neighbors to forums at trade shows. I wanted to do my part in a powerful medium of communication that I don’t think farmers have ever used before.
If we want our agricultural system to provide high-quality food at reasonable prices in a way that respects the environment, we need to reject non-science-based ideology and embrace safe technology.
The Office of the U.S. Trade Representative’s latest report shows top U.S. wheat importers could see a shake-up if trade barriers aren’t addressed.
Exports of U.S. ethanol could increase by over 80 million gallons annually, representing an additional $150-200 million in exports each year.
The change will reduce the probability that U.S. beef could be hit with higher Japanese tariffs, according to the Office of the USTR.
According to Japan, the green legislation includes “discriminatory” subsidies that would make Americans more likely to buy from local electric vehicle manufacturers.
According to the Office of the USTR, the safeguard will allow U.S. exporters to meet Japan’s growing demand for high-quality beef while minimizing the odds that Japan will increase tariffs.
Pacific Nations Agree to Save TPP Trade Pact Without US Involvement
U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom will be addressing participants at the National Pork Industry Forum on Thursday, March 7.
U.S. rice growers won’t get increased sales under the current terms of a trade deal agreed by President Donald Trump and Japanese Prime Minister Shinzo Abe, people familiar with the accord said.
There is trade talk movement on several fronts right now.