United States Archives - Page 30 of 51

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

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

Ron Davidson of Soy Canada says Canadian soybean farmers could get side-swiped if the Chinese impose import tariffs on American soybeans in retaliation to $150 billion in proposed American tariffs on Chinese imports.

News

U.S.-China trade war puts Canadian soybean farmers at risk

We might sell more soybeans to China, but lower American prices for seed, oil and meal would likely depress prices here too

By Allan Dawson April 13, 2018

Ron Davidson isn’t exactly sure what impact Chinese tariffs on imported American soybeans will have on Canada’s soybean market, but it’s unlikely to be good. “It just puts uncertainty into the market, and for Canada a lot of risk, because it’s next door and if they (U.S.) can’t send their soybeans abroad (to China) a place to

Workers transport imported soybeans at a port in Nantong, Jiangsu province, China April 4, 2018. U.S. farmers worry they’ll be shut out of a major market due to a brewing trade war.

News

China tariffs on soy, sorghum spread fear in U.S. farm country

Farmers say a list of crops facing tariffs has them rattled and worried for their future

By Mark Weinraub, Michael Hirtzer April 13, 2018

China aimed a direct strike at America’s heartland on April 4, moving to slap an aggressive 25 per cent retaliatory tariff against U.S. soybeans, farm country’s most valuable export to China last year, worth US$12 billion. Over the past decade, fast-rising demand from China has fuelled a sharp rise in production of U.S. soybeans, which

Livestock, Other

Turkey producers still waiting on promised federal compensation

Trade deals ruffle the feathers of turkey producers who say government commitment falls short

By Shannon VanRaes April 3, 2018

Turkey producers are calling on the federal government to back up its stated support of supply management by putting money on the table. “It seems that with every trade deal our industry is undermined to a greater extent, regardless of the platitudes of support expressed by our government of the day,” said Bill Uruski, chairman

Daily Network News

USDA attachés forecast some changes in China’s oilseeds, cereals

China urges hog producers to manage output, vows timely reserve adjustments

Farm Credit Canada offers aid to farmers, companies affected by Iran war price spikes

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