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The U.S. has reached two major trade agreements with international partners in the past month, with the Trump administration pitching these deals as a way to ease the burden farmers have shouldered during the trade war with China. During the nearly two-year trade dispute, Ohio farmers have battled falling commodity prices and a struggling market…. Read More
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
China says it will slap tariffs on autos and thousands of other U.S. goods. It’s an escalation of a trade war that has rippled through the world economy and raised U.S. recession fears.
COLUMBUS, Ohio (AP) — Ohio Gov. Mike DeWine plans a trade mission to Japan next month. The Republican governor announced the six-day trip Wednesday. It will revolve around the Midwest U.S.-Japan Association annual conference in Tokyo, which hasn’t been attended by an Ohio governor in over a decade. Japan is Ohio’s top international investor, with… Read More
The U.S. auto industry opposes President Trump’s threatened tariffs on goods imported from Mexico. It says the taxes would increase the cost of vehicles and play havoc with supply chains.
The president said at a press conference with British Prime Minister Theresa May that new economic restrictions would begin to bite, possibly even during negotiations between the two sides.
The U.S. Trade Representative published a list of Chinese goods that would be hit with new duties, from artists’ brushes to watches.
President Trump has threatened to close the U.S. border with Mexico in response to a large number of illegal crossings. A closure would likely hit a wide range of industries, from produce to autos.
West Kentucky Farmer Barry Alexander doesn’t have an answer on when the Trump administration will reach a trade deal with China, now a year into tariffs that have hamstrung some Ohio Valley industries. Alexander is optimistic these continued negotiations will be worth it, but his plan in the meantime lies in massive, silver storage bins on Cundiff… Read More
President Trump has pushed tariffs to cut the trade gap. But the United States bought more from other countries than it sold to them last year, pushing the deficit to a level not seen since 2008.
President Trump has suspended a planned increase in tariffs on hundreds of billions of dollars in Chinese imports, after what he called “very productive” trade talks in Washington this weekend.
In back-to-back events this week President Trump and his commerce secretary visited the Ohio Valley to tout administration policies aimed at propping up two of the region’s traditional but faltering industries — metals and mining. The president used a Tuesday rally filled with West Virginia coal miners to unveil a new plan to ease pollution… Read More
President Trump called for a doubling in the tariff on imported steel and aluminum from Turkey, escalating a diplomatic spat with a key NATO ally.
Earlier this week, the Trump administration threatened to increase tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent. China quickly vowed to take countermeasures.
President Trump and EU.Commission President Jean-Claude Juncker say they will not impose further tariffs on each other as long as trade talks continue.
Jimmy Tosh sells a lot of pigs. He is owner and CEO of Tosh Farms, Tosh Pork, and Bacon By Gosh, in Henry County, Tennessee, and has 84 contracted barns in the region where farmers grow pigs for his products. On a recent July day, Tosh craned over some 1,200 piglets and reflected on how recent market disturbances have affected his… Read More