10-11-19 President Donald J. Trump has a message for U.S. Agriculture

President Donald J. Trump has a message for U.S. Agriculture

The White House has provided the following audio from President Donald Trump exclusively to NAFB farm broadcasters.

3501 – Full

SOURCE

10-11-19 NAFB Breaking Ag News: U.S., China Reach Limited Trade Agreement in Phase 1

NAFB Breaking Ag News: U.S., China Reach Limited Trade Agreement in Phase 1

NAFB News Service – October 11, 2019 – The U.S. reached a limited trade agreement with China on Friday afternoon that would pave the way for resolutions on broader issues later in the year. Business Insider Dot Com says it temporarily defuses a dispute between the worlds’ two largest economies. President Donald Trump told reporters in the Oval Office that, “We’ve come to a very substantial phase one deal.” China reportedly agreed to sginificantly increase agricultural purchases, as much as $40-50 billion worth. China also agreed to certain intellectual property measures, as well as concessions related to financial services and currency. The U.S. will delay a tariff increase that was set to take effect this week as the deal is finalized. China had already been making more purchases of agricultural goods like soybeans and pork heading into the talks last week in Washington, D.C. The U.S. was threatening to increase tariffs Tuesday on approximately $250 billion worth of Chinese goods, upping the duties from 25 to 30 percent. The agreement will take three to five weeks to get written down on paper. It marks the first breakthrough in the 1.5-year trade war that has hurt the economies of both nations. Trump also told reporters that this is just the first phase of a broader agreement. It’s important to note that the Chinese Vice Premier doesn’t have the full authority to approve the agreement. China’s President Xi Jingping must agree to the deal as well.

More details in the days ahead

Provided by the NAFB News Service

10-11-19 NPPC: U.S.-CHINESE TRADE NEGOTIATORS MEET IN WASHINGTON, D.C., AGREE TO PARTIAL DEAL


U.S.-CHINESE TRADE NEGOTIATORS MEET IN WASHINGTON, D.C., AGREE TO PARTIAL DEAL

OCTOBER 11, 2019 – On Friday afternoon, it was announced that the U.S. and China had reached a partial agreement in the trade war between the two countries. Specifically, China had agreed to some agricultural concessions and the U.S. would provide some tariff relief. President Trump and Chinese Vice Premier Liu He were scheduled to meet at the White House later in the day to discuss the issue.
Earlier in the week, Chinese trade representatives met with their U.S. counterparts in Washington, D.C. to lay the groundwork for a deal. In remarks to reporters Friday afternoon, U.S. Treasury Secretary Steven Mnuchin called the discussions “productive.” NPPC has welcomed recent reports that China is making purchases of U.S. pork and currently excluding it from the application of retaliatory tariffs.

Continue reading

10-11-19 NFU: Implications of China Trade Deal for American Farmers Still Unclear

NFU: Implications of China Trade Deal for American Farmers Still Unclear

WASHINGTON – President Donald Trump today announced the United States had reached a deal with China to put the brakes on a trade dispute between the two countries. The United States will delay additional tariffs on Chinese imports and, in exchange, China has agreed to what are thus far unspecified changes to intellectual property policies and currency guidelines. The country will also reportedly import between $40 billion to $50 billion worth of agricultural goods from the United States over an unspecified period of time.

National Farmers Union (NFU) President Roger Johnson issued the following statement in response to the news:

“While we are glad to see a détente in this seemingly endless trade war, the tangible benefits to American family farmers and ranchers are unclear.

10-11-19 Colorado Governor Polis: 2020 ACA Premiums Going Down by an Average of 20.2%

Gov. Polis: 2020 ACA Premiums Going Down by an Average of 20.2%

Colorado Division of Insurance initiatives will push savings up to 30% in many places in the state 

DENVER – Governor Polis announced today alongside a bipartisan group of residents, legislators, and state officials that for 2020, Coloradans shopping for an individual health insurance plan will see an unprecedented reduction in premiums — an average statewide decrease of 20.2 percent (-20.2%). This is even lower than the 18.2% preliminary decrease announced in July. As this is an average, depending on where people live and the health insurance plan they choose, some people in the rural parts of Colorado will see average decreases of over 30 percent (-30%).

“It’s not every day you hear about health care costs going down, but thanks to our bipartisan work in Colorado, folks who buy their own insurance are going to see a 20 percent average reduction in premiums this coming year. This will save families thousands of dollars every year,” said Governor Jared Polis. “This is just one part of our bold agenda to reduce sky-high health care costs. The days of being ripped off on health care are finally ending in Colorado.” 

Continue reading

10-11-19 USDA-FAS: USDA’s McKinney Leads Mission to Tap Trade Opportunities in Vietnam

USDA FAS - Foreign Agricultural Service header

USDA-FAS: USDA’s McKinney Leads Mission to Tap Trade Opportunities in Vietnam