retaliation Archives

A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)

Target Trump’s base if trade spat worsens, Mexican farm lobby says

By GFM Network News May 31, 2019

Mexico City | Reuters — The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbours worsens, the head of Mexico’s main farm lobby said on Friday. Bosco de la Vega, head of Mexico’s national farm council CNA, […] Read more

A giant Mexican flag at Cozumel’s Puerta Maya. (CIA.gov)

General, Markets, Reuters

U.S. drops ag demand from NAFTA talks, Mexico farm lobby says

By GFM Network News August 20, 2018

Mexico City | Reuters — The United States has dropped a contentious demand from the renegotiation of the North American Free Trade Agreement to impose restrictions on Mexican agricultural exports, Mexico’s top farm lobby said on Sunday. Talks to rework the 24-year-old pact are entering a crucial phase and Mexican Economy Minister Ildefonso Guajardo said […] Read more

U.S. President Donald Trump addresses a meeting of the National Space Council in the East Room of the White House in Washington on June 18. (Photo: Reuters/Leah Millis)

Crops, Reuters

Trump’s tariff war threatens to erode support of farmers

By GFM Network News June 18, 2018

Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate […] Read more

Crops, Reuters, Soybeans

U.S. soybeans stay on China’s retaliation list for Trump tariffs

By GFM Network News June 15, 2018

Washington/Beijing | Reuters — U.S. President Donald Trump said he was pushing ahead with hefty tariffs on US$50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind. Trump laid out a list of more than […] Read more

(Marina Karkalicheva/iStock/Getty Images)

General, Markets, Reuters

Over 14 per cent of U.S. farm exports seen at risk in trade disputes

By GFM Network News June 7, 2018

Des Moines | Reuters — More than 14 per cent of US$140 billion in annual U.S. farm exports have been or are likely to be hit by retaliatory tariffs in trade disputes with countries such as China and Mexico, a top U.S. trade negotiator said on Thursday. Mexico imposed tariffs on U,S, products ranging from […] Read more

Crops, Machinery, Reuters

Deere fears hit from Trump tariffs, retaliation

By GFM Network News March 22, 2018

Granadero Baigorria, Argentina | Reuters — U.S. tractor maker Deere and Co. is bracing for a negative financial impact from U.S. tariffs on steel imports and worries that retaliatory tariffs on American agricultural exports could follow, CEO Samuel Allen told Reuters in an interview Wednesday. The 25 per cent tariffs, which U.S. President Donald Trump […] Read more

Crops, Reuters, Soybeans

China says U.S. soybeans ‘prime target’ over tariffs

By GFM Network News March 9, 2018

Chicago | Reuters –– Chinese officials have said U.S. soybeans are a prime target for retaliation against tariffs imposed by the Trump administration on steel and aluminum imports, according to the American Soybean Association. Farm groups have long feared that China, which imports more than a third of all U.S. soybeans, could slow their purchases […] Read more

Grain sorghum under irrigation at Bushland in northern Texas. (Susan O’Shaughnessy photo courtesy ARS/USDA)

Crops, Markets, Reuters

With sorghum warning shot, Beijing targets Trump’s core farm base

By GFM Network News February 5, 2018

Beijing | Reuters — In launching a probe into U.S. sorghum imports, China has fired a warning shot across its top trading partner’s bow that shows farmers in states that voted for U.S. President Donald Trump may be Beijing’s top retaliatory target in the event of a trade war. On Sunday, the Ministry of Commerce […] Read more

Livestock, Reuters

Cattle producers urge trade fight if Trump revives COOL

By Rod Nickel, GFM Network News November 16, 2016

Winnipeg | Reuters — Canadian cattle producers will urge Ottawa to retaliate against the U.S. if the incoming Trump administration imposes a meat labelling program it views as discriminatory, restarting a six-year trade battle, an industry group said on Wednesday. U.S. news network CNN reported on Tuesday that a memo drafted by President-elect Donald Trump’s […] Read more

Beef Cattle, Hogs, Livestock, Markets

WTO dials back Canada’s COOL retaliation

By GFM Network News December 7, 2015

Canada will be able to take only about a third of the revenge it asked the World Trade Organization to authorize over the United States’ country-of-origin labelling (COOL) law. An arbitration panel of the WTO’s Dispute Settlement Body (DSB) ruled Monday that Canada and Mexico may now ask the DSB to authorize annual retaliatory tariffs, […] Read more

U.S. livestock: Cattle futures climb higher to end week

Draft ‘MAHA’ commission report avoids pesticide crackdown feared by farm groups

U.S. grains: Corn, soybeans rise on short-covering ahead of weekend, crop tour

GFM Network News