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The Trump administration is postponing some tariffs on Chinese imports set to take effect on Sept.1. Tariffs on laptops, cellphones, some clothing and other items are now set to begin Dec. 15.
Stocks resumed their slide, amid escalating fears that the U.S.-China trade war will further damage a worldwide economy that’s already slowing. Central banks in Asia and New Zealand cut rates.
The Trump administration has released details of a $16 billion plan to compensate farmers who’ve lost money as a result of the trade dispute with China. Some economists say it’s too generous.
Under pressure from Florida lawmakers, the Trump administration is taking steps to protect domestic tomato growers from Mexican competition.
As Some Midwest Farmers Struggle With Historic Flooding, Ohio Valley Ethanol Producers See Profit Boost
Mick Henderson runs the Commonwealth Agri-Energy ethanol plant in west Kentucky. He said the past year for U.S. ethanol producers, including in the Ohio Valley, has been rough. “We’ve just passed our 15th anniversary just now, and this is going to be one of our weakest years,” Henderson said. Ethanol prices have been down the… Read More
As President Donald Trump addressed farmers at a national conference Monday Ohio Valley agriculture leaders said they are standing by his effort to renegotiate trade deals. But some leaders cautioned that costly tariffs on farm products need to end soon. President Trump doubled down on his fight for better trade deals during his speech to American Farm… Read More
The Ohio Valley’s auto manufacturing industry is growing increasingly nervous about the Trump administration’s trade policy. First came tariffs on steel and aluminum imports, key materials for vehicle makers. Now the Commerce Department is looking into taxes on imported automobiles and automotive parts. Both are ominous signs for an industry that employs more than 1.5… Read More
China buys more than half of the soybeans grown in the Ohio Valley. So China’s threat this week to place a 25 percent tariff on U.S. soy means farmers would be caught in the crosshairs of a trade war. Even though tariffs haven’t taken effect, markets are already showing signs that commodities traders are growing… Read More