Colorado agriculture gets some good news on tariffs; but trade winds still stormy for farmers, other businesses

May 22, 2019 at 07:41 AM CST
In the midst of the U.S.-China tariff battles, there’s good news from the trade front for farmers and ranchers in Colorado and across the country: Japan is lifting long-standing restrictions on the imports of U.S. beef and President Donald Trump is lifting tariffs on aluminum and steel from Mexico and Canada. Both announcements came late last week as farmers were figuring out how China’s latest batch of retaliatory tariffs will affect them Agricultural products are a main target of the tariffs on $60 billion in U.S. goods. China announced the tariffs May 13 after the Trump administration boosted duties on $200 billion of Chinese goods to 25 percent from 10 percent. “That’s big news. The restriction goes back to 2003,” Tom Lipetzky, the Colorado Department of Agriculture’s director of marketing programs said of the announcement about Japan.

May 22, 2019 at 07:41 AM CST

In the midst of the U.S.-China tariff battles, there’s good news from the trade front for farmers and ranchers in Colorado and across the country: Japan is lifting long-standing restrictions on the imports of U.S. beef and President Donald Trump is lifting tariffs on aluminum and steel from Mexico and Canada. Both announcements came late last week as farmers were figuring out how China’s latest batch of retaliatory tariffs will affect them Agricultural products are a main target of the tariffs on $60 billion in U.S. goods. China announced the tariffs May 13 after the Trump administration boosted duties on $200 billion of Chinese goods to 25 percent from 10 percent. “That’s big news. The restriction goes back to 2003,” Tom Lipetzky, the Colorado Department of Agriculture’s director of marketing programs said of the announcement about Japan.