Farmers expect trade deal soon, but Trump says maybe not

In the largest numbers yet, farmers say they expect a trade deal soon with China and by even larger margins, they believe it will benefit them, said a Purdue University poll released on Tuesday, the same day that President Trump said an agreement could be a year away. “In some ways, I like the …

Trump tariff payments may bring WTO woes, says think tank

The United States could tarnish its leadership for fair trade in agriculture because of its multibillion-dollar trade-war payments to farmers, said a report issued by the free market American Enterprise Institute on Tuesday. Author Joe Glauber, former USDA chief economist, said the Market …

Consensus elusive for Senate reform of ‘national security’ tariffs

Senate Finance chairman Chuck Grassley conceded one point this week: Steel and aluminum will be excluded from any reform of presidential power to impose tariffs based on national security interests. Even so, there is no agreement among senators on how Congress should reassert its authority over international trade.

Farmers support trade war despite their financial losses

Farmers in three Midwestern states say the China-U.S. trade war is hitting them in the pocketbook but they support President Trump’s policy of piling tariffs on the one-time top customer for U.S. agriculture exports, say Iowa State University researchers. The view on the farm is “short-term …

Ag purchases are welcome, but significant Sino-U.S. issues remain, says Pence

President Trump aims to sign a “phase one” trade agreement with China that will result in vast sales of U.S. farm exports on the way to resolving “a whole range of structural and significant issues” between the nations, said Vice President Mike Pence on Thursday. China would spend $40 billion to $50 billion on ag products, according to the White House.

Japan agrees to lower tariffs on U.S. farm exports

U.S. farmers will gain broader access to Japanese consumers under an agreement signed by Prime Minister Shinzo Abe and President Trump on Wednesday in New York. The White House called the deal “a major win for our farmers, ranchers, and growers.”

On cusp of trade pact with Japan, Trump sees no hurry on China

When President Trump meets Prime Minister Shinzo Abe of Japan on Wednesday, it should be a red-letter day for Trump's policy of bilateral, rather than multi-nation, trade negotiations. The two leaders are expected to approve a deal on agricultural and digital trade. U.S. food and ag exports could rise as a result.

China buys $67 million worth of U.S. soybeans as trade war eases

Ahead of working-level U.S.-Chinese trade talks this week, China bought $67 million worth of U.S. soybeans and said it would exempt American pork and soy from additional tariffs taking effect this month. President Trump said he would "rather get the whole deal done" but could be open to a mini-deal with China.

We’ve got pork. China needs it, say hog farmers.

Leaders of the National Pork Producers Council appealed to China to remove its 60 percent tariff on imports of U.S. pork so it can bring down the soaring price of pork for Chinese consumers.