retaliatory tariffs

The head of a government-sponsored trade association in China says Beijing could remove extra tariffs on U.S. farm goods to smooth the way for importers to potentially buy up to $50 billion in products. A Reuters article says Beijing would make that move instead of directing importers to purchase specific amounts of goods...

President Trump has said China will commit to buying up to $50 billion in U.S. agricultural products as part of a Phase One trade agreement between the countries, However, Reuters says that amount is becoming a sticking point in the negotiations...

Despite a lot of back and forth, and some tense moments, it appears the U.S. and China are on track to sign the phase one trade agreement next month.  Earlier this week, President Trump stated the negotiations are running “ahead of schedule.”   ...

The phase one agreement with China would boost U.S. ag exports to at least $20 billion in its first year.  The overall agreement includes $40-50 billion of U.S. farm commodity sales to China over a roughly two-year period.   According to Bloomberg News, China says it would aim to buy at least $20 billion worth in the first year, if the agreement is signed.  $20 bil...

The farming community has heard the term for the past couple of weeks, but what exactly is in Phase One of the trade deal with China.  USDA Undersecretary of Trade, Ted McKinney, recently acknowledged that he has not seen the specifics of the trade deal. ...

The farming community has heard the term for the past couple of weeks, but what exactly is in Phase One of the trade deal with China.  USDA Undersecretary of Trade, Ted McKinney, recently acknowledged that he has not seen the specifics of the trade deal. Ma...

On Monday, U.S. Commerce Secretary Wilbur Ross suggested the phase one agreement with China doesn’t have to be ready to sign next month. Speaking on Fox Business, Ross said, “It has to be the right deal, and it doesn’t have to be in November.”   Preside...

On Monday, U.S. Commerce Secretary Wilbur Ross suggested the phase one agreement with China doesn’t have to be ready to sign next month. Speaking on Fox Business, Ross said, “It has to be the right deal, and it doesn’t have to be in November.”   President T...

The U.S. reached a limited trade agreement with China Friday afternoon that would pave the way for resolutions on broader issues later in the year.  BusinessInsider.com said the deal temporarily defuses a dispute between the worlds’ two largest economies.  Presiden...

During last week's trade talks between the U.S. and China, Ag Secretary Sonny Perdue said most American farmers still favor the hard stance the Trump Administration has taken against China.   "We're not gonna surrender to their world domination efforts.  An...