This week, the White House announced they are considering a change in course on their plan for extra fees on Chinese ships.
U.S. Trade Rep Jameison Greer told lawmakers the plan might not go through. The idea was to charge Chinese ships more to promote shipbuilding in the United States.
The move had some in the U.S. ag industry on edge. The Economic Times reports the pushback may have played into the Administration’s decision to step back.
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“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
RFD-TV tax expert Roger McEowen discusses the renewed tax provision and how cattle producers can take advantage of it to recover investments in heifer retention and herd expansion more quickly.
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
