As Trump delays tariffs, he says China wants to buy US ag exports

China intends “to buy a lot of farm product,” said President Trump on Tuesday, describing “a very, very productive call” between U.S. and Chinese trade negotiators. At the same time, the White House announced it would delay 10 percent tariffs on electronics such as cell …

Trump ready to spend again on farmers, who expect to win trade war

With the China-U.S. trade war deepening, President Trump pointed to billions of dollars in stopgap trade aid flowing to US agriculture, and said he would continue the payments next year if necessary. Farmers and ranchers are steadfastly optimistic of winning the trade war. Seventy-eight percent …

Trump threatens long-running trade war with China

President Trump offered contradictory assessments of Sino-US trade talks on Tuesday, but both suggested a lengthy trade war. China hinted that strong-arm U.S. tactics would not work. Senior Chinese and U.S. officials met in Shanghai on Tuesday for their first face-to-face negotiations in more …

Some ‘plussing up’ needed before White House seeks USMCA vote

U.S. trade representative Robert Lighthizer said he was in discussions with House Democrats about “plussing up” the new NAFTA and shied away on Tuesday from suggesting when the White House will ask for a vote on it. Senate Finance chairman Chuck Grassley told reporters that he hoped …

First the Trump tariff payments and then the trade deals, says president

The government will send billions of dollars in trade war payments to farmers over the next two months or so, said President Trump in Iowa on Tuesday, with the promise of booming business with China, Japan and Mexico in the near future. “Within a year and a half, I would say, you’ll …

Brazil agrees to let some wheat enter duty-free, an opening for U.S. grain

Wheat growers declared victory—”a big win”—with Brazil’s agreement on Tuesday to allow duty-free import of wheat grown outside of a South American trading bloc. The so-called tariff-rate quota could result in exports worth more than $100 million a year if U.S. wheat dominates …

Trump: Trade talks may end with ‘a lot more’ corn to China

U.S. and Chinese officials opened their second consecutive week of negotiations to resolve the countries' trade war on Tuesday with President Trump saying the "very complex talks...are going very well." Trump told reporters at the White House, "We're asking for everything that anybody has ever even suggested. These are not just, you know, 'let's sell corn or let's do this.' It's going to be selling corn, but a lot of it, a lot more than anyone thought possible."

Trump tariff payments top $6.4 billion as deadline nears

The USDA has received nearly 805,000 applications and paid out $6.41 billion so far in the Trump tariff payments created to buffer the impact of the Sino-U.S. trade war, said the USDA on Monday. The Trump payments are the largest element of a mitigation package that was announced as a maximum of $12 billion but could turn out smaller in the end.

Trump announces plan to roll back WOTUS rule

President Trump announced a plan to roll back Obama-era clean water regulations that aimed to protect rivers and streams from agricultural runoff and other pollutants. It will remove vast wetlands and thousands of miles of waterways from federal protection.