Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

American Soybean Association : Soy Growers Disappointed in Additional Tariffs, Continue to Seek Export Stability with Largest Customer

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/13/2018 | 12:45am CEST

The American Soybean Association (ASA) this week expressed extreme disappointment in USTR's announcement that an additional $200 billion in tariffs will be imposed on Chinese goods. The new list of goods will be subject to a 10 percent tariff. This action worsens the trade dispute between the U.S. and China, which have already initiated plans to impose $50 billion in tariffs on each other's products.

'While trade tensions with U.S. soy's largest customer continue to escalate, soy growers from across 30 states are in Washington, talking with the members of the Administration and Congress, urging them to rescind these tariffs and bring a sense of stability and certainty back to farmers who depend on trade,' said ASA President and Iowa soybean farmer John Heisdorffer.

'The announcement of additional tariffs on China is a move in the opposite direction. We're focused on increasing trade opportunities and keeping the robust and growing Chinese market we have worked for decades to secure. Our message to the administration and lawmakers remains the same: these tariffs needlessly hurt soy growers and rural communities.'

The American Soybean Association continues to encourage the Administration to find a non-tariff solution to address its concerns with China, while also utilizing soy as the largest agricultural export to help reduce our nation's trade deficit with China.


Tags: American Soybean Association, ASA, China, Exports, soybeans, Tariffs, Trade, Trump

Disclaimer

ASA - American Soybean Association published this content on 12 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 July 2018 22:44:07 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
03:23pAHDB CEREALS & OILSEEDS : First Harvest Results show above-average winter barley yields
PU
03:23pKEVIN CRAMER : Cramer hears from state ag leaders at farm bill roundtable
PU
03:19pWall Street to open flat; manufacturing, tech earnings in focus
RE
03:16pNEWS HIGHLIGHTS : Top Company News of the Day
DJ
03:16pNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
03:03pTSB TRANSPORTATION SAFETY BOARD OF CANADA : releases investigation report into February 2017 third-party damage to a crude oil pipeline in Sherwood Park, Alberta
PU
03:02pCanada wholesale trade jumps 1.2 percent in May from April
RE
02:58pHASHCHAIN TECHNOLOGY : Announces That a Total of 8,495 Cryptocurrency Mining Rigs Are Operational
AQ
02:58pGLOBAL WITNESS : Polls apart? Two countries blighted by kleptocracy go to vote
PU
02:57pUK sets out full-fibre network plan to catch up with European rivals
RE
Latest news "Economy & Forex"
Advertisement