Trade

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 »

Week 2: Soy Growers Recognize World Trade Month

May is World Trade Month, and to celebrate, the American Soybean Association (ASA) and U.S. Soybean Export Council (USSEC) have partnered to highlight the importance of trade and soybean exports to the U.S. economy and rural community. Throughout the month, we’ll post soy trade facts on social media, so make sure to keep an eye … Read More »

Issue Update: Soy Trade Outlook for May

April was a busy month in trade for soy leaders, specifically on the Section 301 tariffs, and May promises to be just as active. The American Soybean Association (ASA) has heard reports that China is actively trying to purchase less U.S. soybeans amid the rising trade tensions between the U.S. and China. This type of … Read More »

Soy Growers Recognize World Trade Month

May is World Trade Month, and to celebrate, the American Soybean Association (ASA) and U.S. Soybean Export Council (USSEC) have partnered to highlight the importance of trade and soybean exports to the U.S. economy and rural community. Throughout the month, we’ll post soy trade facts on social media, so make sure to keep an eye … Read More »

Soy Growers in D.C. to Talk Tariffs, Importance of Trade with China

American Soybean Association (ASA) farmer leaders from across the country took to Capitol Hill today to talk with lawmakers about the potential impact of Chinese tariffs on U.S. soybeans. ASA President and Iowa farmer John Heisdorffer issued the following statement: “China purchases 61 percent of total U.S. soybean exports, and more than 30 percent of … Read More »

House to Trump: China Retaliation Hurts Farmers

U.S. representatives of districts with a heavy agriculture community are encouraging the Trump Administration to address China’s trade practices in a manner that avoids retaliation that harms farmers. Click here to read the letter. ASA is asking soy growers to take action on Wednesday, April 25 by contacting both their state governor and congressional representatives to talk … Read More »

Soy Growers Urge Congress to Rethink Tariffs

Soy growers again expressed grave concern over the Trump Administration’s use of tariffs to address China’s unfair trade practices. The American Soybean Association (ASA) and several other supply chain stakeholders sent a letter to the House Ways & Means Committee, urging Congress to develop a strategic plan to address problems with China and ensure U.S. … Read More »