Chinese Tariff Retaliation: No Longer a ‘What If’

This week China announced a proposed 25 percent tariff on imported U.S. soybeans following the U.S. administration’s release of a list of Chinese products valued at more than $50 billion that would be subject to import tariffs under the Section 301 determination. Retaliation is no longer a ‘what if.’ And the escalation of a trade … Continue reading Chinese Tariff Retaliation: No Longer a ‘What If’

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Soy Growers are Still Tariff-ied

Over the last month President Trump has imposed tariffs on imported steel and aluminum under Section 232 of the Trade Expansion Act of 1962 and more recently announced approximately $60 billion in tariffs on China under Section 301 of the Trade Act of 1974. China is by far the world’s biggest importer of U.S. soybeans, … Continue reading Soy Growers are Still Tariff-ied

Tariff-ied

U.S. agriculture, especially the soybean industry, is highly dependent on trade and exports, making them particularly vulnerable to retaliation following today’s decision to impose steel and aluminum import tariffs by President Trump. China is not only U.S. soy’s largest customer, but also the top market for U.S. soybeans, purchasing more than all our other customers … Continue reading Tariff-ied

Pursuing Priorities

Next week ASA’s board of directors will be in Washington DC to continue pursuing soybean’s aggressive policy agenda with the administration and 115th Congress. Chief on the agenda during hill visits is trade expansion, the upcoming farm bill, tax reform, biodiesel demand, regulations and infrastructure. TRADE: Enhance U.S. trade relations with other countries, including NAFTA … Continue reading Pursuing Priorities

The Trade Lineup

Trade is the lifeblood of the American soybean industry and ASA is encouraged by recent well-qualified appointments to high-level trade-related positions and the impacts these officials can have on future trade decisions. The lineup: USDA Secretary Sonny Perdue— Former Georgia Governor Perdue was confirmed as Secretary of the USDA on April 25. ASA recently applauded … Continue reading The Trade Lineup

ASA Looks Forward to 2017

The American Soybean Association will pursue an aggressive legislative and regulatory policy agenda in 2017. Legislative efforts will focus on expected congressional action on the 2018 Farm Bill, tax reform, and transportation infrastructure, while regulatory work will focus on rolling back Obama-era regulations on water quality, improving the regulatory approval timeline in the U.S. and … Continue reading ASA Looks Forward to 2017