The European Union has announced retaliatory tariffs on $28 billion worth of U.S. products.
The tariffs would target U.S. goods like soybeans, almonds, pork, and dairy, with soybeans being the biggest export to Europe. This move follows the U.S. imposition of 25 percent tariffs on steel and aluminum imports.
EU president expressed regret over the tariffs, stating they are harmful to business and consumers, and they disrupt supply chains, raising uncertainty for economies and jobs in both regions.
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Michigan corn farmer and NCGA Vice President-Elect Matt Frostic will lead the task force. He joined us on Thursday to share his insights on the escalating corn crisis.
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The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
Industry-wide participation in SHIP enhances biosecurity and fosters global trust in U.S. pork, says swine health expert, Dr. Christine Mainquist-Whigham.
Argentina hopes to boost demand, but critics see the move as a blow to American farmers.
