Trade

Trade Update: Tariff Feud with China Escalates, Soy Growers Suffer

America’s soy growers are lined up even more precisely in the crosshairs of President Donald Trump’s contentious tariff confrontation with China. What happened? Trump announced Monday, that $200 billion in additional Chinese goods will be hit with a 10 percent tariff, deepening the likely free fall in prices that producers of soy and soy products … Read More »

U.S. Soy Growers Attend Soybean Oil Mission in Mexico

U.S. soy growers recently headed to Mexico for a U.S. soybean oil mission, where the focus was U.S. commodity and high oleic soybean oils. While on the mission, American Soybean Association (ASA) President John Heisdorffer, along with U.S. Soybean Export Council (USSEC) staff, and United Soybean Board (USB) Director Mark Caspers, participated in Exphotel, the … Read More »

Soy Growers in Middle of Tariff Feud with China Stand to Suffer Most

America’s soy growers are lined up even more precisely in the crosshairs of President Trump’s contentious tariff confrontation with China. President Trump announced Monday that $200 billion in additional Chinese goods will be hit with a 10 percent tariff, deepening the likely free fall in prices that producers of soy and soy products are feeling … Read More »

Trump’s $50 Billion Tariff Announcement Harsh Reality for Soybean Growers

Weeks of speculation have ended with new anxiety for growers of America’s leading agricultural export: President Trump announced today he is indeed levying 25 percent tariffs on $50 billion of Chinese products under Section 301 of the Trade Act of 1974. This decision not only inflames trade tensions between the two countries, but also means … Read More »

Agriculture Associations Appeal to Congress: We Need #TradeNotTariffs

After weeks of engaging with the Trump Administration to gain insight into the future of trade tariffs, agriculture producers and related industries dependent on exports to China are turning to Congress for help. The White House has declared that by June 15 it would announce its final list of $50 billion in Chinese products that … Read More »

Unions, Ports Reach Tentative Deal

The International Longshore Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative six-year contract to avoid disruptions of Gulf and East Coast port operations. The new deal was reached nearly three months before the current contract expires on Sept. 30, 2018. The agreement is still subject to ratification by both parties and … Read More »

ASA Underscores Importance of U.S. Trade with China

The American Soybean Association (ASA) reiterated its significant concern with the Administration’s decision yesterday to move forward and apply a 25 percent tariff on nearly $50 billion in goods imported from China. The looming threat of tariffs creates uncertainty in the marketplace and for soy growers, whose livelihoods rely on the ability to export their … Read More »

UPDATE: U.S.-China Trade Relations

The Trump Administration announced on Sunday that it would hold off on imposing the Section 301 tariffs on Chinese imports amid ongoing negotiations. The American Soybean Association (ASA) welcomes this announcement, and supports the meaningful progress the Administration has made to find a negotiated solution to the Section 301 concerns. President Trump also announced that … Read More »

Week 4: Soy Growers Recognize World Trade Month

See this week’s trade facts from the American Soybean Association (ASA) and U.S. Soybean Export Council (USSEC), in recognition of World Trade Month.

ASA Submits Comments to USTR, Highlights Trade War Concerns

The American Soybean Association (ASA) recently submitted comments on the Section 301 tariffs to the United States Trade Representative (USTR) during its 30-day open comment period. ASA’s comments highlighted concerns for soy growers, as the Chinese government has indicated it will retaliate against the tariffs proposed under Section 301 by imposing a 25 percent tariff on imports … Read More »