Iowa State University recently completed an economic research study of the effects of the on-going tariffs placed on American trade. The impacts of the trade tariffs certainly have hurt agriculture, but Iowa State University Agricultural Economist, Chad Hart says the dispute with China probably … [Read more...]
Creighton economist talks about impact of shutdown on economy
A midwestern economist says the government shutdown is already haviing and impact as economic growth is slowing and we may be headed for a significant downturn later this year or early in 2020. Ernie Goss, an economics professor at Creighton University, says the housing industry is "soft" and … [Read more...]
Grassley finds no progress in trade talks with China
Iowa Senator Chuck Grassley says he recently met with U.S. Trade Representative Robert Lighthizer, who reported no progress on key issues in last week's trade talks with China. "He (Lighthizer) said that there hasn't been any progress made in structural changes that need to be made, including … [Read more...]
Iowa Farm Bureau researcher: food wasn’t a weapon in NAFTA negotiations
A top Iowa Farm Bureau official says he's thankful Mexico didn't start a food fight during the renegotiation of NAFTA. David Miller, the IFB's director of research, notes - - unlike other countries -- Mexican trade officials did not target agricultural products when retaliating to U.S. steel and … [Read more...]
Soybean Association president optimistic about new negotiations with China
The Iowan who leads the American Soybean Association is cautiously optimistic about word of negotiations ramping-up between the U.S. and China. John Heisdorffer, of Keota, says a resolution to the trade war would brighten the holidays for America's farmers. "It's a great Christmas present for … [Read more...]
Reynolds and Naig say USMCA trade deal a positive step
Republican office-holders in Iowa are celebrating this weekend's break-through on a deal that will replace the North American Free Trade Agreement. President Trump calls it the U.S. Mexico Canada Agreement. Governor Kim Reynolds says she's thrilled the stalemate has been broken. "Canada and … [Read more...]
Soybean Association president says prospects of short term trade resolution fading
This week, the U.S. imposed 10% tariffs on another $200 billion worth of Chinese goods, which was met with retaliatory tariffs on $60 billion worth of American goods. Kirk Leeds, president and CEO of the Iowa Soybean Association, says hopes for a short-term resolution to the trade war with China … [Read more...]
U.S. Ag Secretary says momentum building for trade deals with Canada, Japan
U.S. Ag Secretary Sonny Perdue is in Iowa, holding events with Republican office-holders and assuring the state's farm community that international trade disputes "will work out fine." "I'm really proud of our agricultural community," Perdue said late this afternoon. "They've stood with the … [Read more...]
Senator Grassley encouraged with action on Mexico trade deal
As Iowa farmers face as much as two-billion dollars in losses due to international trade tariffs, the Trump administration is announcing a tentative trade agreement with Mexico. Iowa Senator Chuck Grassley says President Trump has his mind set on eliminating the North American Free Trade … [Read more...]
Ambassador Branstad says Chinese trade discussions continue
Farmers in Iowa and across the Midwest want quick resolution to the looming trade war due to the negative impact it’s starting to have on their bottom lines. Speaking in Des Moines over the weekend, the U.S. Ambassador to China, Terry Branstad, says he isn’t sure how long the impasse with China … [Read more...]