Insights and Stories on Tariffs

Aug. 23, 2019 at 5:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled on Friday, with the benchmark October contract falling its daily three-cent limit after China announced a fresh set of tariffs on U.S. agricultural products, traders said. China will levy extra 10 per cent tariffs on U.S. beef and pork […]

By Julie Ingwersen

Aug. 23, 2019 at 4:38 pm CDT

Chicago | Reuters — U.S. corn futures hit a three-month low and soybeans neared a three-week bottom after China said it would impose additional tariffs on U.S. products including grains and soy, escalating the trade war between the world’s top two economies. On the Chicago Board of Trade, soybean futures […]

By Julie Ingwersen

Aug. 23, 2019 at 1:30 pm CDT

Beijing | Reuters — China said Friday it will impose retaliatory tariffs against about US$75 billion worth of U.S. goods, putting as much as an extra 10 per cent on top of existing rates in the dispute between the world’s top two economies. The latest salvo from China comes after […]

By Judy Hua, Se Young Lee

Aug. 22, 2019 at 9:01 pm CDT

Colfax, N.D. | Reuters — North Dakota bet bigger on Chinese soybean demand than any other U.S. state. The industry here — on the far northwestern edge of the U.S. farm belt, close to Pacific ports — spent millions on grain storage and rail-loading infrastructure while boosting plantings by five-fold […]

By Karl Plume

Aug. 22, 2019 at 1:28 pm CDT

Chicago | Reuters — China snapped up a small volume of U.S. soybeans last week after pledging to halt purchases of U.S. farm products due to the escalating trade war between Washington and Beijing, U.S. Department of Agriculture data showed on Thursday. The world’s largest soybean importer struck deals from […]

By Tom Polansek