Farmers get impatient with Trump’s trade war: ‘This can’t go on’
5 years, 7 months ago

Farmers get impatient with Trump’s trade war: ‘This can’t go on’

CNN  

Washington CNN — American farmers are running out of patience with President Donald Trump’s trade war with China. Farmers have long stood behind Trump’s mission to get a better trade deal with Beijing that addresses long-standing issues with what they say are unfair trading practices. “The President of the United States owes farmers like myself some type of plan of action,” John Wesley Boyd Jr., a soybean farmer in Baskerville, Virginia, told CNN’s Brianna Keilar on Monday. But Trump has sounded positive about progress toward a deal that would lift those tariffs since meeting with Chinese President Xi Jinping in December, and farmers took Trump’s reassurances seriously. “Farmers have been patient and willing to let negotiations play out, but with each passing day, patience is wearing thin,” said National Corn Growers Association President Lynn Chrisp in the statement.

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History of this topic

Trump tariff threats trigger supply chain ‘freak out’
1 week, 6 days ago

Trump tariff threats trigger supply chain ‘freak out’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump’s continuing threats of massive tariffs are sparking …

US manufacturers are stocking up on imports ahead of tariffs
3 weeks, 6 days ago

US manufacturers are stocking up on imports ahead of tariffs

Live Mint  

U.S. manufacturers are stockpiling imported parts and raw materials in anticipation of President-elect Donald Trump imposing new tariffs next year. U.S. industrial manufacturers and consumer-packaged-goods companies are buying up critical parts and raw materials, such as emulsifiers and flavor enhancers, driving up demand, according to GEP, a supply-chain software company that gathers the data. U.S. businesses are giving priority to …

Here’s what could get significantly more expensive under Trump’s tariff plan
4 weeks, 1 day ago

Here’s what could get significantly more expensive under Trump’s tariff plan

CNN  

New York CNN — Import taxes are set to spike under the incoming Trump administration, forcing Americans to pay more for everything from foreign-made sneakers and toys to food, according to new research. “President Trump will work quickly to fix and restore an economy that puts American workers first by re-shoring American jobs, lowering inflation, raising real wages, lowering taxes, …

Here’s what could get significantly more expensive under Trump’s tariff plan
4 weeks, 1 day ago

Here’s what could get significantly more expensive under Trump’s tariff plan

CNN  

New York CNN — Import taxes are set to spike under the incoming Trump administration, forcing Americans to pay more for everything from foreign-made sneakers and toys to food, according to new research. “President Trump will work quickly to fix and restore an economy that puts American workers first by re-shoring American jobs, lowering inflation, raising real wages, lowering taxes, …

Trump is threatening to raise tariffs again. Here’s how China plans to fight back
1 month ago

Trump is threatening to raise tariffs again. Here’s how China plans to fight back

LA Times  

President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago. Trump kicked off a trade war in 2018 by imposing 25% tariffs on imports from China — including industrial machinery, cars, auto parts and television cameras. Last week, the U.S. expanded …

The case for Donald Trump’s tariffs
1 month ago

The case for Donald Trump’s tariffs

CNN  

New York CNN — President-elect Donald Trump views tariffs as a not-so-secret weapon — one that can be deployed to pressure friends and foes alike to address issues from drug trafficking and illegal immigration to threats to the dominance of the US dollar. Trump once dubbed himself “Tariff Man” and recently celebrated these import taxes as “the greatest thing ever …

Labour 'set to shun trade deal with Trump in bid to placate furious farmers'
1 month, 1 week ago

Labour 'set to shun trade deal with Trump in bid to placate furious farmers'

Daily Mail  

Fury in the farming community over Labour's 'tractor tax' has rendered a trade deal with Donald Trump's America unviable and will force the UK further into the arms of Brussels, government sources have said. Sir Keir Starmer's Government will instead step up its push for a post-Brexit reset, with Chancellor Rachel Reeves planning to join a meeting of EU finance …

China to respond to Trump's 'tariff war' with 'supply chain war'
1 month, 1 week ago

China to respond to Trump's 'tariff war' with 'supply chain war'

Firstpost  

China is expected to use its dominant position in supply chains to respond forcefully with a ‘supply chain war’ to ’tariff war’ that US President-elect Donald Trump is expected to wage on China US President-elect Donald Trump waves next to Chinese President Xi Jinping after attending a business event at the Great Hall of the People in Beijing on November …

Wall Street’s response to more tariffs: Been there, done that
1 month, 1 week ago

Wall Street’s response to more tariffs: Been there, done that

Live Mint  

Wall Street isn’t thrilled about the return of Donald Trump’s tariff threats. His newly proposed 25% tariffs on imports from Canada and Mexico—the U.S.’s two largest trading partners—would add 0.8 percentage point to a key inflation gauge next year if just half of the costs are passed on to consumers, according to a Deutsche Bank analysis. The two countries, along …

Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief
1 month, 2 weeks ago

Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. For instance, the Produce Distributors Association, a Washington trade …

Trump’s threat to impose tariffs could raise prices for consumers, colliding with promise for relief
1 month, 2 weeks ago

Trump’s threat to impose tariffs could raise prices for consumers, colliding with promise for relief

Associated Press  

DETROIT — If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. For instance, the Produce Distributors Association, a Washington trade group, said Tuesday that tariffs will raise prices for fresh …

Spill-over of Trump’s anti-China trade stance
Trending News
1 month, 2 weeks ago

Spill-over of Trump’s anti-China trade stance

Hindustan Times  

Trump’s trade war with China had a global impact, affecting and benefiting countries. US President Donald Trump The US-China trade conflict reflects the US’ protectionism from China’s inroads in its economy and the global economy, which it believes is detrimental to its local jobs, industries, industrial innovation, and national security. Thus, the tit-for-tat trade moves resulted in raising import tariffs …

American companies are stocking up to get ahead of Trump’s China tariffs
1 month, 2 weeks ago

American companies are stocking up to get ahead of Trump’s China tariffs

Live Mint  

By 9 p.m. on election night, it had become clear to Jason Junod that Donald Trump was returning to the White House. When Trump began his trade war against China in 2018, U.S. businesses scrambled to front-load imports before tariffs were implemented, according to an International Monetary Fund analysis. Though China’s share of U.S. imports has declined to roughly 14% …

Alarmed China over Trump victory plans to choke chip industry
1 month, 3 weeks ago

Alarmed China over Trump victory plans to choke chip industry

Firstpost  

As China dominates the supply of minerals needed to manufacture chips, it is expected to choke supplies in case Donald Trump ramps up the US-China trade war after assuming office in January Semiconductor chips are seen on a printed circuit board in this illustration picture taken 17 February, 2023. How China uses control of supply chains in trade war China …

Trump's 'economic war' with China would hammer these two swing states: CNBC
1 month, 3 weeks ago

Trump's 'economic war' with China would hammer these two swing states: CNBC

Raw Story  

If President-elect Donald Trump is serious about hitting all Chinese goods with tariffs of 60 percent or higher, experts warn it could lead to all-out economic warfare that would be particularly damaging to two key swing states that Trump flipped in 2024. CNBC reports that the U.S.-China Business Council, in conjunction with Oxford Economics, estimates that a large-scale "economic war" …

US soybean trade with China already strained before Trump’s return -Braun
2 months ago

US soybean trade with China already strained before Trump’s return -Braun

Live Mint  

By Karen Braun NERVILLE, Illinois, - Uncertainty increased for U.S. soybean exporters this week with Donald Trump's election win, since shipments to top customer China were severely curbed when a trade war began during Trump’s first presidency. However, U.S. soybean trade to China was already going poorly prior to Tuesday’s election, and some of the latest statistics are the most …

Trump says he loves farmers. His tariff plans suggest otherwise
2 months ago

Trump says he loves farmers. His tariff plans suggest otherwise

Salon  

After last minute polling out of Iowa revealed Donald Trump may not win the deep-red state, the presidential nominee took to his social media platform, Truth Social, over the weekend to declare that no president has ever done more for the agricultural community than he has, dismissing the numbers as fake news from a “Trump hater.” “No President has done …

Farmers voice concern over possible tariffs
4 months ago

Farmers voice concern over possible tariffs

China Daily  

From the vast, fertile fields of Iowa and Illinois and several other farming states, US farmers used 30 million hectares of farmland to generate more than 48 million metric tons of soybean exports last year, worth $27.8 billion worldwide, according to the United States Department of Agriculture, or USDA. In the run-up to the 2024 US general election, the $124 …

Donald Trump's close call has lifted the odds of his election … and a fresh inflation breakout
5 months, 3 weeks ago

Donald Trump's close call has lifted the odds of his election … and a fresh inflation breakout

ABC  

The blood-smeared face of Donald Trump, clenched fist raised against the background of the stars and stripes, may be the defining image of his campaign and an enduring portrayal of our times. US tariff rise Photo shows US President Donald Trump says he's ready to escalate the trade war with China President Donald Trump's latest tariff hike on Chinese goods …

Biden levies sweeping tariffs on China, intensifying trade fight with Trump
7 months, 3 weeks ago

Biden levies sweeping tariffs on China, intensifying trade fight with Trump

Live Mint  

WASHINGTON—One day after news broke that President Biden was planning to raise tariffs on Chinese electric vehicles to roughly 100%, Donald Trump moved to one-up his rival for the White House. Biden’s decision caps years of tortured debate within the administration over the tariffs Trump originally put in place on more than $300 billion in imports from China. “I don’t …

Demand from China drives US' soybean trade
11 months, 2 weeks ago

Demand from China drives US' soybean trade

China Daily  

A combine unloads soybeans onto a trailer during harvest on Oct 10 at a farm in Illinois, the United States. China is likely to import 30 million metric tons of soybeans from the United States in the latter's 2024 marketing year, matching the amount imported in the previous marketing year, the US Soybean Export Council predicted on Tuesday. Zhang Xiaoping, …

More Australian timber exports to China blocked as pressure grows to take trade dispute to World Trade Organization
4 years, 1 month ago

More Australian timber exports to China blocked as pressure grows to take trade dispute to World Trade Organization

ABC  

China's attack on Australian trade is continuing, with timber exports from two more states blocked and the number of meatworks waiting to resume trade growing to eight. Key points: China is now refusing to accept timber from South Australia and Tasmania, as well as Queensland and Victoria The Trade Minister says the Government is continuing to raise issues over trade …

China’s buying soybeans again. That could help Trump
4 years, 2 months ago

China’s buying soybeans again. That could help Trump

CNN  

Washington CNN — Dave Walton’s Iowa farm was struggling a year ago as President Donald Trump’s trade war with China took a bite out of soybean exports. Another round of Covid-related aid payments that Trump announced in September helped send farmer sentiment up to its highest level since the pandemic began, according to the Purdue University-CME Group Ag Economy Barometer. …

Trump and Biden on trade: Same diagnosis, different prescription
4 years, 4 months ago

Trump and Biden on trade: Same diagnosis, different prescription

LA Times  

International trade was never much of an issue in presidential campaigns until Donald Trump. In 2016, he made trade a key plank in his economic nationalism platform, denouncing America’s biggest free trade pacts and promising a whole new way of doing business with the rest of the world. President Trump At the core of Trump’s trade policy has been his …

Fraying US-China relations tested by Donald Trump ahead of presidential election
4 years, 4 months ago

Fraying US-China relations tested by Donald Trump ahead of presidential election

Live Mint  

The almost daily drumbeat of tensions between the U.S. and China shows little sign of letting up, while touching on everything from the coronavirus to trade to defense issues to monetary policy. Against that background, it’s unclear how heated things may get between now and November, while the provocations mount: The Trump administration on Friday approved the sale of F-16 …

Trump administration ‘satisfied’ with China purchases: Adviser
4 years, 4 months ago

Trump administration ‘satisfied’ with China purchases: Adviser

Al Jazeera  

China has increased purchases of commodities as part of its phase one trade deal, Trump adviser says ahead of review. White House economic adviser Larry Kudlow says the administration of United States President Donald Trump is satisfied with China’s progress in meeting commitments to purchase US goods in a phase one trade deal, signalling that the pact will survive an …

China halts some US farm imports, threatening trade deal
4 years, 7 months ago

China halts some US farm imports, threatening trade deal

Live Mint  

Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods including soybeans as Beijing evaluates the ongoing escalation of tensions with the US over Hong Kong, according to people familiar with the situation. Trump’s threats Trump said the US would begin the process of stripping some of Hong Kong’s privileged trade status, without detailing …

Trump’s China dilemma: how to punish Beijing without hurting the US economy and his own reelection chances
4 years, 7 months ago

Trump’s China dilemma: how to punish Beijing without hurting the US economy and his own reelection chances

CNN  

Washington CNN — The Trump administration is looking for ways to punish China for its complacency amid the coronavirus pandemic without burning President Donald Trump’s bid for a second term. Many Americans, particularly farmers in strategic heartland states hit hard by Trump’s trade war, were hoping the additional $200 billion in US exports to China as promised by the deal …

US-China trade war is the last thing the world economy needs now
4 years, 7 months ago

US-China trade war is the last thing the world economy needs now

CNN  

Hong Kong CNN Business — Mutual blame over the coronavirus pandemic has reignited tensions between the United States and China, threatening to break what was already a fragile truce on trade between the world’s biggest economies. “The threat of higher tariffs and the intensifying technology cold war could yet disrupt technology trade and investment, de-powering what still promises to be …

Will know in a week or so if China will adhere to trade deal, says Donald Trump; US weighing options to shift supply chains from Beijing
4 years, 8 months ago

Will know in a week or so if China will adhere to trade deal, says Donald Trump; US weighing options to shift supply chains from Beijing

Firstpost  

US President Donald Trump said on Wednesday he would be able to report in about a week or two whether China is fulfilling its obligations under a Phase 1 trade deal the two countries signed in January before the coronavirus spread globally. Washington: US President Donald Trump said on Wednesday he would be able to report in about a week …

Trump strikes friendly tone on China with trade in mind, as his top officials point fingers over pandemic
4 years, 9 months ago

Trump strikes friendly tone on China with trade in mind, as his top officials point fingers over pandemic

CNN  

CNN — As coronavirus cases in the US surge, President Donald Trump isn’t focused just on those statistics, administration officials say, but is The President gets regular briefings on agriculture sales to China and monitors those figures almost as closely as his White House pandemic team tracks statistics on the coronavirus, whichhad surpassed more than 121,000 cases and more than …

Election-Year Trump Says He's Ready To Float Farmers On Another River Of Taxpayer Cash
4 years, 10 months ago

Election-Year Trump Says He's Ready To Float Farmers On Another River Of Taxpayer Cash

Huff Post  

LOADING ERROR LOADING President Donald Trump tweeted Friday that he’s prepared to fork over still more massive taxpayer subsidies to help farmers get through the trade wars he concocted. IF OUR FORMALLY TARGETED FARMERS NEED ADDITIONAL AID UNTIL SUCH TIME AS THE TRADE DEALS WITH CHINA, MEXICO, CANADA AND OTHERS FULLY KICK IN, THAT AID WILL BE PROVIDED BY THE …

Trump thanks farmers for backing him through China trade war
4 years, 11 months ago

Trump thanks farmers for backing him through China trade war

Associated Press  

AUSTIN, Texas — President Donald Trump thanked farmers Sunday for supporting him through a trade war with China as he promoted a new North American trade agreement and a separate one with China that he said will massively benefit farmers. At one point during his address to the American Farm Bureau Federation’s convention, Trump said he has strong support among …

Even as Trump claims two victories on trade, doubts remain
4 years, 11 months ago

Even as Trump claims two victories on trade, doubts remain

Associated Press  

WASHINGTON — President Donald Trump’s trade deal with China last week opened up export opportunities for American farmers, manufacturers and energy producers. Many trade experts say they worry that in the long run, Trump’s relentlessly confrontational stance and eager embrace of tariffs could pose risks to both the U.S. and global economies. Here is a closer look at Trump’s recent …

US deal with China is a victory for Trump, but more still needs to be done (opinion)
4 years, 11 months ago

US deal with China is a victory for Trump, but more still needs to be done (opinion)

CNN  

Editor’s Note: James D. Schultz is a CNN legal commentator and chair of the Government and Regulatory practice at Philadelphia-based law firm Cozen O’Connor. That changed when President Trump took office, and his consistently tough stance led to a “phase one” trade deal between the United States and China last week. In addition to easing tensions between the two nations, …

U.S.-China Trade Deal Implications
4 years, 11 months ago

U.S.-China Trade Deal Implications

NPR  

U.S.-China Trade Deal Implications MICHEL MARTIN, HOST: We're going to spend some time now talking about the trade deal President Trump signed with China earlier this week. The Phase 1 deal is a partial cease-fire in the long trade war between the world's two largest economies. LOVELY: Oh, there's been no doubt that the trade war has impacted farmers. The …

Trump inked a deal with China. California is still sorting out the implications
4 years, 11 months ago

Trump inked a deal with China. California is still sorting out the implications

LA Times  

The list of Chinese goods Trump imposed tariffs on since launching a trade war two years ago seems like it runs forever: catfish, bird eggs, natural sponges, pearl onions, mushrooms, chestnuts, copper springs, tungsten wire, thermometer parts. “What is likely to happen administratively is that waivers will be granted in cases where the Chinese decide to import U.S. products that …

United States and China sign phase one of new trade deal
4 years, 11 months ago

United States and China sign phase one of new trade deal

ABC  

The United States and China have announced an initial trade deal that will roll back some tariffs and boost Chinese purchases of US goods and services, defusing an 18-month conflict between the world's two largest economies. Key points: The centrepiece of the deal is a pledge by China to purchase an additional $US200 billion of US farm products and other …

Trump Signs First Phase Of China Trade Agreement
4 years, 11 months ago

Trump Signs First Phase Of China Trade Agreement

Huff Post  

LOADING ERROR LOADING WASHINGTON — President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from U.S. farmers and manufacturers and is aimed at lowering tensions in a long-running dispute between the economic powers. Chinese leader Xi Jinping, in a letter to Trump that was read by Beijing’s chief negotiator Liu He, said concluding …

The U.S.-China War Over Trade and Tariffs, Explained
4 years, 11 months ago

The U.S.-China War Over Trade and Tariffs, Explained

Bloomberg  

What started in 2018 with U.S. levies on imported washing machines and solar panels to protect domestic producers escalated into a cycle of tariffs, talks, threats and truces that rocked financial markets. Behind all the sparring between the U.S. and China -- one an incumbent superpower, the other a rising one -- over tariff levels and targeted product lists are …

China trade deal: Trump signs first stage, including soybean purchase agreement
4 years, 11 months ago

China trade deal: Trump signs first stage, including soybean purchase agreement

CNN  

CNN — President Donald Trump on Wednesday signed an initial trade deal with senior Chinese leaders that includes pledges from Beijing to more than double its purchases from American farmers in the first year. Trump said he’d visit China in the “not too distant future” to reciprocate a visit to Washington from China’s top trade negotiator. The deal, Xi wrote, …

China trade deal: What it means for US farmers
4 years, 11 months ago

China trade deal: What it means for US farmers

CNN  

Washington CNN — China promised to buy billions of dollars more in agricultural products from US farmers as part of a “phase one” trade deal signed Wednesday – but the commitments don’t go much further than making up for what was lost during the trade war. American Farm Bureau President Zippy Duvall called the agreement an “important step” to getting …

Trump dispenses billions of dollars in aid to farmers, hoping to shore up rural base
5 years, 1 month ago

Trump dispenses billions of dollars in aid to farmers, hoping to shore up rural base

LA Times  

Moving to offset the impact his trade war has had on rural America, President Trump has bypassed Congress to send some $20 billion in aid to farmers, mostly going to a bundle of states that are essential to his reelection chances next year. Even so, they may fall short of fully covering farmers’ losses from the trade war with China …

US-China trade deal negotiations hit another snag
5 years, 1 month ago

US-China trade deal negotiations hit another snag

CNN  

CNN Business — President Donald Trump was supposed to sign a partial trade deal with Chinese President Xi Jinping next week, but negotiations over the final text have reached a rough patch, according to people familiar with the matter. In the last several days, the two sides have found themselves at odds over the finer details of an agreement that …

US ’close to finalizing’ parts of trade deal with China: USTR
5 years, 2 months ago

US ’close to finalizing’ parts of trade deal with China: USTR

Live Mint  

Washington and Beijing are making "headway" on key issues in their ongoing trade dispute and discussions will continue, the US Trade Representative's office said Friday following a phone call between senior officials. President Donald Trump heralded a major win in his offensive against China two weeks ago, saying the economic powers were close to concluding a "substantial phase one deal." …

Trump’s Boasts Aside, Farmers May Want To Hold Off On That $500,000 Combine
5 years, 2 months ago

Trump’s Boasts Aside, Farmers May Want To Hold Off On That $500,000 Combine

Huff Post  

LOADING ERROR LOADING WASHINGTON — Donald Trump is telling farmers they’ll need “more land,” “more tractors” and more “bigger and better and more powerful” tractors — and fast — because of the “incredible” deal he has made with China for the purchase of $50 billion in U.S. farm goods. “The numbers are what they are.” A senior administration official confirmed …

China is trying to bring America to its knees, Trump trade adviser says
5 years, 2 months ago

China is trying to bring America to its knees, Trump trade adviser says

CNN  

New York CNN Business — The US-China trade war is rocking America’s manufacturing industry. “We are dealing with a strategic rival – and they are trying to buckle our knees,” Navarro told CNN’s Jim Sciutto at the CITIZEN by CNN conference in New York. “No one has the backs of those farmers more.” Navarro expressed cautious optimism about trade negotiations …

‘Nothing burger’: US-China trade truce kicks can down the road
5 years, 2 months ago

‘Nothing burger’: US-China trade truce kicks can down the road

Al Jazeera  

Partial deal yet to be articulated on paper saves most of big issues for later, though October tariff hikes were nixed. Friday’s announcement was “a nothing burger”, said Scott Kennedy, who analyses China’s economy at the Center for Strategic and International Studies. “The only thing that happened Friday was that the US delayed the tariff increase.” ‘Fundamental agreement’ The Trump …

Donald Trump outlines first phase of deal to end trade war with China, suspends October tariff hike
5 years, 2 months ago

Donald Trump outlines first phase of deal to end trade war with China, suspends October tariff hike

Firstpost  

Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done. Washington: US president Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended …

Companies welcome US-China trade truce, warn disputes remain
5 years, 2 months ago

Companies welcome US-China trade truce, warn disputes remain

Associated Press  

BEIJING — Companies have welcomed a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes including technology that threaten global growth. Trump said Friday’s deal has yet to be put down on paper but said, “We should be able to get that …

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