Donald Trump
Trump threatens half a trillion dollars in China tariffs
Three days ahead of the arrival of a Chinese trade delegation, President Trump said he would impose 25 percent tariffs on $525 billion of Chinese products as leverage for a resolution of the Sino-U.S. trade war that led to retaliatory duties on U.S. exports including soybeans. "The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!" said Trump on social media.
Beto O’Rourke releases climate plan, includes ag measures
Former congressman and Democratic presidential candidate Beto O'Rourke unveiled a $5-trillion climate plan Tuesday that calls for reaching net zero carbon emissions by 2050, and includes a number of agricultural initiatives to reduce and mitigate greenhouse-gas emissions on farms and deal with extreme weather events.
Trump, dropping Mexico threat, says ‘very close’ to China deal
U.S. and Chinese negotiators may be within four weeks of resolving the Sino-U.S. trade war, said President Trump on Thursday. Trump said the nations are working on a comprehensive agreement. “And whether it’s our farmers or our technology people, all of them will be really happy.”
Farm groups warn of damage as Trump threatens border closure
On Wednesday, in his latest threat to close the U.S.-Mexico border, President Trump demanded that Congress “immediately eliminate the loopholes at the Border.” The American Farm Bureau Federation asked that agricultural trade be exempted from any restrictions, and the National Farmers Union said a closure would be disastrous.
Tariffs on China ‘for a substantial period of time,’ says Trump
An agreement between China and the United States to resolve the trade war “is coming along nicely,” said President Trump on Wednesday, although U.S. tariffs could remain in force for some time to assure that China lives up to the terms of the deal.
Trump asks Congress to pass trade deal with Canada, Mexico
After calling NAFTA an historic trade blunder, President Trump called on Congress on Tuesday to pass its successor, saying the United States-Mexico-Canada Agreement (USMCA) would expand American agriculture. Wheat growers responded by warning against withdrawing from NAFTA, a tactic Trump has discussed, before the new trade agreement is ratified.
Trump trade war: ‘We’re going to hang with him,’ says Farm Bureau chief
The Sino-U.S. trade war, which as stymied U.S. farm exports, "is going to be a long one, and we keep delivering the message, 'We're with you, Mr. President,'" said the leader of the largest U.S. farm group on Sunday, adding a caveat. "The runaway of our patience is going to be determined by the financial situation of our farms. We went into the battle very weak." <strong>(No paywall)</strong>
Trump asks farmer support on shutdown, hints at farmworker reform
In a speech to the largest U.S. farm group, President Trump asked American farmers on Monday to take his side on the partial government shutdown over a border wall and said that with a secure border, "I'm going to make it easier" for farmworkers to enter the country. "Because we want to take people in to help our farmers, et cetera. Very important," he said.
Trump hints he’ll sign farm bill this week
The farm bill "is in very, very good shape," according to President Trump, who hinted that he will sign the bill into law this week. "So we’ll get the farm bill. Got to take care of the farmers. But it’s just been something very, very exciting," said Trump over the weekend.
Trump’s tariff bailouts would probably be delayed by USDA shutdown
Federal meat inspectors would report to work as usual and the SNAP and WIC programs would stay in operation if there is a partial government shutdown at the end of this week, according to a USDA plan developed for the brief shutdown early this year. Offices running the farm program would be closed, which probably would mean that Trump tariff payments would be delayed until the government opened again.
White House expects immediate action by China on ag trade
Taking a "show me" stance, White House economic adviser Larry Kudlow said on Monday he expected China to roll back tariffs on U.S. farm exports promptly and begin trade reforms in line with the trade deal struck by President Trump and Chinese President Xi Jinping. The White House said over the weekend that China will make "very substantial" purchases of agricultural, energy and industrial goods but analysts saw no firm commitments in the statement.
The farm-income bump is the bailout by Trump
U.S. farm income will be slightly higher than expected this year due chiefly to $4.7 billion in Trump tariff payments that will buffer the impact of trade war on commodity prices, says the USDA. With the bailout, farmers are forecast to collect $13.6 billion in direct farm payments, the largest amount in 12 years.
Trump remains on top in farm country
In the end, election night turned into a gentle blue wave, showing the nation as divided as ever. As expected, suburban voters pushed back against President Trump, giving control of the House back to the Democrats, while voters in rural areas doubled down on their support of the president, flipping the Senate seats in three ag-heavy states to the Republicans. <strong>(No paywall)</strong>
Trump: ‘We don’t have enough votes’ for stricter SNAP rules
Banking on Republican gains in the midterm elections, President Trump said Congress could wait until next year to pass the farm bill because "we don't have enough votes" now for stricter work requirements for millions of SNAP recipients. Trump, who signed an executive order in April calling for new and stronger work requirements for social programs, has sided with House Republicans on the major dispute of the 2018 farm bill, now nearly a month overdue.
Trump heads for farm country as midterms near
Ten days ahead of the midterm elections, President Trump will tout his agricultural record to a pared-down crowd of 7,000 teenagers at the FFA national convention in Indianapolis and campaign in southern Illinois for an imperiled Republican member of the House Agriculture Committee.
As checks flow, USDA adds almonds and cherries to Trump tariff bailout
Trump orders tariffs on $200 billion of Chinese imports
With a warning against retaliation that targets "our farmers or other industries," President Trump ordered a new wave of tariffs on Chinese products, this time on $200 billion of goods that will face a 10 percent duty initially and rise to 25 percent on Jan. 1. "Once again, I urge China’s leaders to take swift action to end their country’s unfair trade practices," said Trump, suggesting he and Chinese President Xi Jinping could end the trade war through face-to-face negotiations.
Anxiety mounts in farm country as details lag on Trump’s tariff-driven bailout
With commodity prices dropping and farm income projected to plummet, America’s farmers are growing increasingly anxious over the lack of specifics about how much money they’re going to get, and when they’re going to get it, from President Trump’s $12-billion bailout, reports The Wall Street Journal.