Ethanol

Progress Reported on Several Trade Fronts

There is trade talk movement on several fronts right now: China President Trump is reiterating that progress is being made toward a comprehensive trade deal with China. He is emphasizing that it will help farmers and ranchers. He talked about the negotiations during a roundtable discussion on the economy in Burnsville, Minnesota this week. President Trump saying, "The farmers have not been treated well for fifteen years. You can go back and it's just a graph downward. Well,...

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House Ag Chair Calls for Congress to Approve Wall Funding

House Agriculture Committee Chairman Collin Peterson (D-Minn.) on Tuesday called for Congress to end the government shutdown and provide the funding President Donald Trump is demanding for a border wall. “So I’m in the room with the other leadership, and I told them you guys are making a mistake; give Trump the money,” Peterson told KFGO radio’s Joel Heitkamp. “Give him the whole thing that he wants and put strings on it so that you make sure he puts the...

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China Trade Update: U.S. Considering Lifting Tariffs?

According to the Wall Street Journal, U.S. Treasury Secretary Steven Mnuchin discussed lifting some, if not all tariffs on China. He may even offer a tariff rollback during the next round of trade discussions. Those talks are planned to begin January 30th with China's economic chief. The WSJ cited people familiar with internal talks. The Journal said the proposal has not yet been introduced to President Trump. Also, the report stated Mnuchin faced push-back from U.S. Trade Representative...

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Trade Talks Update: Statement Released from U.S. Trade Representative

The U.S. Trade Representative released a statement following three days of meetings in Beijing: Statement on the United States Trade Delegation’s Meetings in Beijing On January 7-9, an official delegation from the United States led by Deputy U.S. Trade Representative Jeffrey Gerrish held meetings in Beijing with Chinese officials to discuss ways to achieve fairness, reciprocity, and balance in trade relations between our two countries. The officials also discussed the need for any agreement to provide for complete implementation subject to...

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U.S. and Chinese Officials Meet Ahead of G20 Summit

An important meeting for Chinese and U.S. officials ahead of the G20 summit in Argentina later this month. Secretary of State Mike Pompeo and Secretary of Defense James Mattis, met with two-high ranking Chinese policymakers in Washington last Friday. It was the second time the two sides have taken part in these high-level talks. Pompeo said both sides had constructive dialogue, calling the discussions incredible productive, while also pointing out their significant differences. Pompeo said, "The United States is not...

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