United States Archives - Page 29 of 51

Tariffs from both trading nations took effect amid mid-level talks in Washington. Photo: claffra/iStock/Getty Images

U.S.-China talks on trade war resume as new tariffs kick in

By David Lawder, GFM Network News August 23, 2018

Beijing/Washington | Reuters – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. The world’s two largest economies have now slapped tit-for-tat tariffs on a combined $100 billion of products

Comment, Markets

Opinion: U.S. soy trade stellar in short term

Longer term the outlook for the Chinese market gets very hazy

By Karen Braun August 20, 2018

Market analysts have been trying to gauge China’s forward bean usage as it remains locked in a tit-for-tat tariff dispute with the United States, and the conflict has prompted threats from the East Asian country to severely reduce or ban U.S. bean imports. The future of U.S. soybean trade with China has also been a

China will be looking to other markets to fill its annual shortfall of 90 million tonnes of soybeans, a third of which the U.S. had traditionally supplied. Photo: Thinkstock

Markets, Other

China expects its U.S. agricultural imports to fall sharply

By GFM Network News, Yawen Chen August 10, 2018

Beijing | Reuters – China’s imports of U.S. agricultural products will fall sharply once Beijing implements retaliatory trade measures and the country is able to cover its demand for cooking oil and animal feed, vice agriculture minister Han Jun said on Friday. The trade dispute will have a limited impact on China’s agriculture sector, but hit its U.S. counterparts

China has proposed tariffs that would include LNG, semiconductors, beef, aircraft. Photo: Darwel/iStock/Getty Images

Livestock, Markets

China plans tariffs on $60 bln of U.S. goods in latest trade salvo

By GFM Network News August 3, 2018

Beijing | Singapore | Reuters – China proposed retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks with Washington to solve their bitter trade conflict. The Trump administration tightened pressure for trade concessions from

Crops

Trump says agreed with EU to work to lower trade barriers

By GFM Network News, Reuters July 25, 2018

Washington | Reuters — U.S. President Donald Trump said on Wednesday the United States and the European Union were kicking off talks aimed at lowering trade barriers as officials looked to head off a brewing trade war. “This was a very big day for free and fair trade, a very big day indeed,” Trump told

Markets

World’s ‘affection’ for Canada will help in trade diversification: Carr

By David Ljunggren, GFM Network News July 20, 2018

Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources,

Crops, Markets

Firm, steady flax prices seen in the cards

By GFM Network News, Terry Fries July 13, 2018

CNS Canada — Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower carryout stocks and several other factors, should bring strong prices. “Given the demand in the market from China, the United States and potentially even the

Crops

China signals to state giants: ‘Buy American’ oil and grains

By Dominique Patton, GFM Network News, Hallie Gu May 23, 2018

Singapore/Beijing | Reuters –– China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they should buy more to help ease tensions between the two top economies, trade sources said on Wednesday. China pledged at the weekend to increase imports

A crenellated walkway on top of the Great Wall of China. (Cia.gov)

Crops, Markets

China agrees to import more ag commodities, fuels from U.S.

By David Lawder, GFM Network News May 21, 2018

Washington | Reuters — China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said Saturday, but made no mention of a US$200 billion target the White House had touted earlier. Beijing and Washington agreed they would keep talking about measures under which China would import more energy and

Opinion, Other

Opinion: U.S. and China stumble into Thucydides Trap

By John Kemp April 17, 2018

The United States and China have fired the opening shots in a trade war that may be hard to stop. The United States has appeared eager to impose tariffs to create leverage and force China into concessions on the bilateral trade deficit, intellectual property protection and forced technology transfer. For its part, China has appeared

Daily Network News

U.S. grains: Chicago grain prices fall amid profit-taking and dollar rebound

U.S. livestock: Cattle fall back as inventory hits 75-year low

Farm family income gains driven by off-farm earnings: StatCan

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