TRADE AUTO EMAIL

U.S. soybean farmers lacking Chinese buyers and facing falling commodity prices, rising input costs and increased South American competition urgently need a trade deal with China that includes purchase commitments, the American Soybean Association has told President Trump. “U.S. soybean farmers are standing at a trade and financial precipice,” ASA wrote in an Aug. 19 letter to Trump . “As you and your team negotiate with China, we urge you to prioritize soybeans and reach a deal that includes the...

The Justice Department is citing recent U.S. Supreme Court decisions in arguing that the president has broad authority under the International Emergency Economic Powers Act to impose tariffs, pointing to the high court’s finding that two key legal doctrines underpinning challengers’ arguments in the case have narrower application when applied to matters involving foreign affairs. DOJ on Monday filed a reply brief in a case brought by two Texas-based education product companies that have contested President Trump’s authority to impose...

The U.S. has accepted Brazil’s request for consultations at the World Trade Organization over new tariffs imposed by President Trump while arguing that those measures are not reviewable because they relate to national security, according to a new filing. Brazil earlier this month requested consultations over 50 percent duties imposed by Trump under emergency powers as well as a pending Section 301 (of the Trade Act of 1974) investigation, citing violations of the most-favored-nation principle and other WTO rules. Trump...

Drawing parallels to the United Kingdom’s exit from the European Union, the Joint Economic Committee’s Democratic members on Monday said economic uncertainty fueled by President Trump’s trade policy could cost U.S. manufacturers $490 billion by 2029. Brexit, the minority members of the panel say in a new report , led to “heightened trade uncertainty, with questions swirling around the process, timeline, and terms” of the UK’s departure from the EU. Meanwhile, the Trump administration since April has made about 100...

Editor's note: This story has been updated to correct the term of the trade truce between the U.S. and China. The agreement lasts through Nov. 10. The House Select Committee on the Chinese Communist Party has issued a list of requirements for a trade agreement with China that includes several likely non-starters, such as China’s recognition of Taiwan’s sovereignty, as well as longstanding U.S. priorities involving Chinese subsidies, overcapacity and currency manipulation. The committee, chaired by Rep. John Moolenaar...

The U.S. remains behind on its budgetary contributions to the World Trade Organization following a Trump administration deadline for a review of funding for international groups, which passed earlier this month. The U.S. earlier this year was announced as being in arrears at the WTO after it paused budgetary contributions for 2024 and 2025. In March, the State Department told Inside U.S. Trade those contributions were under review as part of a broader assessment of U.S. participation in international...

President Trump on Tuesday maintained that his tariffs “have not caused Inflation, or any other problems for America” following a report showing a rise in a key measure of inflation. In a social media post after the Bureau of Labor Statistics issued its monthly Consumer Price Index report . Trump offered a broad defense of his tariffs and attacked Goldman Sachs for predicting they would have inflationary impacts. The annual CPI was 2.7 percent, a little below economists’ expectations, with...

China is making meaningful moves to address U.S. economic and national security concerns, President Trump declared on Monday, signing an executive order that will delay the imposition of steeper tariff rates on Chinese goods another 90 days. The president used his social media site to announce the pause on Monday evening, hours after touting improved relations with Beijing ; the White House later issued the text of the order he signed . It notes continued discussions with the Chinese government...