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U.S. Senator Rob Portman (R-Ohio) says the new trade deal with China will level the playing field with the U.S., but he urges trade negotiators to be firm as they work on Phase Two. Portman says the deal ensures China will buy more U.S. products both in agriculture and manufacturing, and that it deters intellectual… Read More
The Senate has passed a new trade agreement among the U.S., Mexico and Canada. The USMCA, as it’s now called, is meant to replace the North American Free Trade Agreement, and it does change or replace some important provisions — but critics say it is hardly the overhaul that was once advertised. PBS NewsHour’s Amna… Read More
The Ohio Valley’s economy could see slower growth in 2020 amid continued anxiety about trade, and possible downturns in both energy and manufacturing, according to analyses and forecasts by regional economists. Michael Hicks directs the Center for Business and Economic Research at Ball State University in Indiana where he forecasts the health of the manufacturing… Read More
Farmers got more than $22 billion in government payments in 2019 — and most of the money came through a program that Congress never approved. It’s the highest level of farm subsidies in 14 years.
China says the deal would cover intellectual property protections and currency manipulation, but no details have been released.
Democratic presidential candidates have divergent world views on whether automation or trade policy is to blame for lost jobs.
China is considered the motherland of aquarium goldfish, bred over centuries into rare forms. Now tariffs have some U.S. sellers of these goldfish in a tailspin.
As part of the deal, the next round of 30% tariffs will not be imposed. More agriculture trade between the two countries is expected.
China’s economic growth has been slowing down for years. Tariffs have contributed to slower growth since early 2018, when the economic standoff began, but it’s hard to pinpoint how much.
Tom Folz drives around on a sunny, August afternoon and surveys the thousands of acres of dark green, leafy soybean plants and tall stalks of corn he grows on his sprawling farm in Christian County, Kentucky. At 54, Folz has wispy, white hair matching his white mustache. It’s taken him several long work weeks to… Read More