U.S. Soybean Exports Projected to Drop
In April, China threatened to impose a 25% tariff on U.S. soybeans and tariffs on 105 other American products. This was in response to tariffs that the U.S. Administration proposed on a range of China’s imports valued at $50 billion. In an ongoing tug-of-war over threatened tariffs between the U.S and the Chinese government, researchers […]...
Read MoreBrazil’s Soybean Meal Exports Forecast to Grow
Soybean meal is the most important protein source used to feed farm animals. China imports more than 60 percent of soybeans traded worldwide, crushing them to make cooking oil and protein-rich animal feed ingredient soymeal. China’s demand for soybeans to crush for soybean meal to feed livestock has soared in recent years as the economy […]...
Read MoreBrazilian Soybean Exports Estimates a Record
Brazil is the world’s second largest producer of soybeans. Brazil took over from the United States in 2012 as the top supplier to China, with its exports often attractively priced as it relies on overseas markets for sales due to limited domestic demand and storage. Brazil is expected to produce 115 million tons of soybeans […]...
Read MoreMexico: A Sleeping Giant of the Coffee World
Coffee is highly important in the global community as the second most internationally traded commodity. Considered as a sleeping giant of the coffee world, Mexico is one of the top 10 coffee-producing countries in the world. Coffee is one of Mexico’s most lucrative exports and close to half a million small farmers and their families […]...
Read MoreU.S. Imported 34.6 mmt of Steel in 2017
The United States is the world’s biggest steel importing nation, buying 35.6 million tonnes of the building raw material in 2017. According to the Department of Commerce Steel Report, in 2017, the U.S. imported 34.6 million metric tons (mmt) of steel, a 15 percent increase from 30 mmt in 2016 and a 14 percent decrease […]...
Read MoreJapan-EU Trade Agreement Threatens U.S. Exports
Japan-EU Trade Agreement threatens U.S. Pork Exports to Japan, as the agreement will eliminate, or sharply reduce, duties on agricultural products in which the EU has a major export interest, such as pork. Pork is one of the EU’s main agricultural exports to Japan and they are a fierce competitor of the United States. Given […]...
Read MoreU.S. Impose Quota on Tariff-Free Brazilian Steel
The U.S. government has proposed a quota for tariff-free imports of Brazilian steel, two Brazilian officials who participated in a U.S.-Brazil meeting told Reuters on Thursday, offering to soften trade barriers after tough talk last month. Tariffs on steel (25%) and aluminum (10%) were suspended for Brazil, South Korea, Argentina, Australia and the European Union […]...
Read MoreU.S. Excludes EU and Six Allies from Steel Tariffs
U.S.has temporarily excluded six countries, including Canada and Mexico, and European Union states from higher U.S. import duties on steel and aluminum. In a presidential proclamation published, Trump said he would suspend tariffs for Argentina, Australia, Brazil, South Korea, Canada, Mexico and the European Union, the U.S.’s biggest trading partner, until May 1, 2018 as […]...
Read MoreChina Plans Tariffs on $3 billion of U.S. Exports
The trade conflict between China and the U.S. escalated, with Beijing announcing its first retaliation against metals levies hours after President Donald Trump outlined fresh tariffs on $50 billion of Chinese imports and pledged there’s more on the way. China plans for reciprocal tariffs on $3 billion of U.S. exports to China, which include fruit, […]...
Read MoreChina wins WTO case over U.S. Tariffs
China partially wins WTO case over Obama-era U.S. tariffs, as the United States did not fully comply with a 2014 ruling against its anti-subsidy tariffs on a range of Chinese products. China went to the WTO in 2012 to challenge U.S. anti-subsidy tariffs on Chinese exports including solar panels, wind towers, steel cylinders and aluminium […]...
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