News & Press

Tariff refund tensions and new data will give tariff watchers a lot to chew on this week

Tue, 9 Jun 2026 14:12:00 GMT

A court hearing that may or may not go forward and two key data releases this week will shed light on how both the government and businesses are handling tariff refunds as they prepare for permanent duties to be imposed later this summer.

Study shows positive impact of USMCA on food costs

Mon, 8 Jun 2026 19:02:00 GMT

The Corn Refiners Association, in partnership with the Agriculture Coalition for USMCA, announced the release of a new Purdue University study, the USMCA Affordability Study: Effect of North American Trade on U.S. Food Prices, highlighting the role of the U.S.-Mexico-Canada Agreement (USMCA) in supporting food affordability for American consumers at a time of continued concern over rising grocery prices.

USTR proposes tariffs on 60 trading partners over forced labor policies

Fri, 5 Jun 2026 20:25:00 GMT

The U.S. Trade Representative is proposing tariffs of 10% to 12.5% on a wide range of imports from 60 economies, on the grounds that they’ve failed to block imports of goods produced using forced labor.

USDA cuts ag trade deficit forecast on even lower imports

Mon, 2 Mar 2026 18:55:00 GMT

The Agriculture Department is now forecasting that the U.S. agricultural trade deficit will fall from $43.7 billion in fiscal year 2025 to $29 billion in FY2026, according to data published Friday.

Trump Lowers Reciprocal Tariffs for 90 Days, but Raises Chinese Tariffs to 125%

Fri, 11 Apr 2025 13:58:00 GMT

A few hours after they took effect, President Trump posted on Truth Social that he has authorized a 90-day pause on the specific reciprocal tariffs. The 10 percent universal tariff, however, implemented April 5, still seems to be in effect.

“Based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10 percent, also effective immediately.”

Read more