U.S. announces US$16 billion of farm assistance

Winnipeg – The United States Department of Agriculture will implement US$16 billion in programs to pay out farmers hurt by “unjustified retaliatory tariffs on U.S. agricultural goods and other trade disruptions.” “China hasn’t played by the rules for a long time and President (Donald) Trump is standing up to them, sending the clear message that […] Read more

Next round of U.S. tariffs on China at least a month away – Mnuchin

WASHINGTON/BEIJING, (Reuters) – The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday. Washington this month hiked existing tariffs on $200 billion in Chinese goods to 25 percent from 10 perent, […] Read more

U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau discussed the tariffs earlier on Friday. Trudeau is scheduled to speak to reporters on Friday afternoon after he meets with steel workers at Stelco Holding Inc steel mill in Hamilton, Ontario. | Twitter/@FilomenaTassiMP photo

U.S. to remove tariffs on Canadian metals, Mexico deal imminent

WASHINGTON/OTTAWA (Reuters) – The United States and Canada on Friday announced a deal to remove tariffs on Canadian steel and aluminum in exchange for new curbs to keep dumped metals from China and other countries out of the United States, paving the way for a similar pact with Mexico. The quota-free deal will eliminate the […] Read more

The top five commodities that received aid were soybeans, corn, wheat, cotton and sorghum while the top five states receiving the payments were Illinois, Iowa, Kansas, Nebraska and Indiana, the USDA spokesman said. | File photo

U.S. farmers receive $8.52 billion in aid to date, USDA says

WASHINGTON, May 15 (Reuters) – The U.S. Department of Agriculture has to date paid out $8.52 billion (CDN$11.44 billion) in direct payments to American farmers as part of the 2018 aid program, designed to offset losses from trade tariffs by China and other trading partners, a spokesman for the agency said. U.S. President Donald Trump […] Read more