Photo Credit: iStock Major players in the agricultural industry are sounding an economic alarm in a joint letter, according to The New York Times. A bipartisan group of agriculture industry leaders has called upon the Trump administration and Congress to reverse course on tariffs and other economically restrictive measures. The letter said many of these…
American soybean farmers got some rare good news on Wednesday just hours before a high-stakes meeting between Chinese President Xi Jinping and US President Donald Trump when news broke that Beijing had placed its first order after months of trade tension that saw shipments blocked. The Trump administration hailed the move as a “positive step…
Shut out of China’s massive soybean market, the United States is pressing countries across Africa and Asia to step up purchases of American soybeans, as President Donald Trump’s trade team seeks new markets, while tensions over tariffs ripple through global trade. “We’re calling up all our soybean customers around the world as part of our…
BIRCH RUN, Mich. (WNEM/Gray News) – The president of the American Soybean Association said the Trump administration needs to make an immediate trade deal on soybeans with China. China is the world’s largest soybean customer and typically the top export market for U.S. soybeans. But a 20% retaliatory tariff imposed by China on U.S. soybeans…
The US government is set to dispatch a group of American growers and exporters of agricultural products to China in the coming autumn for exchanges with Chinese officials in Beijing, followed by a high-profile presence at a key import fair in Shanghai. This will mark the third year that the US Department of Agriculture has…
There is a major divide in the American heartland. US farm states are facing a drop in exports of key commodities as Beijing turns to alternative suppliers, primarily in Brazil, as a result of Donald Trump’s trade war. Some farmers, however, want to give the US president the benefit of the doubt that his go-slow…
China’s top envoy in Washington has rejected suggestions that Chinese ownership of US farmland is a national security threat, saying such claims are “completely unfounded”. Addressing a soybean industry event in Washington on Friday, Xie Feng, the Chinese ambassador to the United States, said Chinese investors owned less than 0.03 per cent of the total…