A U.S. dairy trade export group has partnered with a Chinese university to create a food science research center, hoping to bolster relations and expand dairy exports from the United States into China.
The largest dairy farm in Australia is owned by an investment firm in China, but the firm is going through instability after a mass resignation on the company’s board.
The possible loss of trade with Mexico and China could result in a $1.154/cwt loss to dairy farmers in the U.S. totaling $2.77 billion in annual losses.
Tariff aid payments under the Market Facilitation Program (MFP) could face another delay as the federal government inches ever closer to a partial shutdown.
President Donald Trump said the U.S. won’t lower tariffs on steel and aluminum from Mexico and Canada unless the two countries agree to a revamped Nafta that’s fair to the U.S.
Chinese state media on Monday praised a significant dialing back of trade tension with the United States, saying China had stood its ground and the two countries had huge potential for win-win business cooperation.
French food group Danone achieved better than expected first-quarter sales growth of nearly 5 percent, helped by Chinese demand for its baby formula products.
The Trump administration has no plans to extend aid to farmers in 2019 on the assumption that the market will recover even if the trade war with China persists.
U.S. Trade Representative Robert Lighthizer lashed out at China's 40% tariff on U.S. automobiles and threatened to raise the U.S. tariff on Chinese cars to an equivalent level on Wednesday.