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Trump Promises New 100% Tariff on China by November

By Ryan Hanrahan

Reuters’ Trevor Hunnicutt reported that “President Donald Trump revived the trade war against Beijing on Friday, ending an uneasy truce between the two largest economies with promises to sharply hike tariffs in a reprisal against China curbing its critical mineral exports. The president unveiled additional levies of 100% on China’s U.S.-bound exports, along with new export controls on ‘any and all critical software’ by November 1, nine days before existing tariff relief is set to expire.”

“Trump also called into question the prospects for a previously announced meeting set for three weeks from now with Chinese President Xi Jinping in South Korea, saying on Truth Social that ‘now there seems to be no reason to do so,'” Hunnicutt reported. “‘I haven’t canceled,’ Trump later told reporters at the White House. ‘I would assume we might have it.’ Beijing has never confirmed the meeting.”

“The new trade steps were Trump’s reaction to China dramatically expanding its rare earth element export controls. China dominates the market for such elements, which are essential to tech manufacturing,” Hunnicutt reported. “…The actions signaled the biggest rupture in relations in six months between Beijing and Washington – the world’s biggest factory and its biggest consumer. Many questioned whether an uneasy economic detente reached over the summer can survive.”

Source : illinois.edu

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Season 7, Episode 1: Managing Risk and Seeing Opportunities in U.S. Pork Production

Video: Season 7, Episode 1: Managing Risk and Seeing Opportunities in U.S. Pork Production

Today’s episode features three guests discussing the similarities and differences between pork production in the United States and Brazil, along with strategies for managing risk in today’s industry while recognizing and acting on opportunities. First, Dr. Anne Caroline de Lara, executive manager of live pig production at Seara Alimentos, a JBS company in Brazil, is joined by Dr. Matthew Turner, head of operations for JBS Live Pork. Together, they discuss how labor, climate and ventilation challenges vary between Brazil and the United States, while underscoring their shared commitment to raising healthy pigs. They also point to lessons producers in both countries can take from one another’s systems and on-farm experiences. Then, Brady Reicks, risk manager at Reicks View Farms, shares his perspective on risk management, drawing from his background in markets and his transition into farming. He discusses how protecting margins varies by operation and offers practical approaches producers can use to make marketing and business decisions with greater confidence rather than hesitation.

Both conversations were recorded at recent industry events focused on swine livability, including the International Conference on Pig Livability and Iowa Swine Day.