Trade

After Months of Asking for an Alternative, Soy Farmers Hit by China Tariff

A soft farm market, already-declining prices, and now, China’s retaliation against President Trump’s 25 percent tariffs on $34 billion worth of Chinese goods, which took effect at midnight last night. Soybean farmers, whose crop represents 41 percent of the value of products on China’s tariff list, will feel the full effect. The value of U.S. … Read More »

Soy Producers Remind Administration: We Are the People Affected by Trade Tariffs

Soybean farmers who would bear the brunt of retaliatory tariffs from China are appealing to the Administration on social media today, reminding leaders that they are the faces behind the escalating trade conflict between the U.S. and our largest foreign customer. On July 6, U.S. soybean farmers will be hit with a 25 percent duty … Read More »

Minnesota Grower Attends European Feed Meeting, Tours

American Soybean Association (ASA) Treasurer Bill Gordon, a grower from Minnesota, headed to the European Feed Manufacturers’ Federation (FEFAC) meeting last week. While in Spain and France, Gordon toured feed mill facilities and discussed feed security, protein security and animal welfare. “Europe is an important market for US soybeans with room to grow and showcase … Read More »

ACTION ALERT: #FacesofTariffs Social Push July 3

With the approaching July 6 deadline for U.S. trade tariffs on Chinese goods to take effect—and China’s pledge it will quickly impose retaliatory tariffs on U.S. goods including soybeans –the American Soybean Association (ASA) is asking for help putting a face on the problems these tariffs could cause our industry. Join ASA for a social … Read More »

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 »