China placed a 25 percent retaliatory tariff on multiple U.S. goods, including sorghum. The retaliatory tariff also applies to U.S. soybeans, cotton, wheat, vegetables, beef, pork and others and will go into effect on July 6. This action was in response to the U.S. issuing a 25 percent tariff earlier today on 1,102 Chinese goods.
Today's tariff announcement comes a month after China terminated anti-dumping and countervailing duty investigations into U.S. sorghum, which ended the 178.6 percent duty. The newly enforced 25 percent tariff will bring higher prices for Chinese consumers who purchase over half of U.S. sorghum exports. National Sorghum Producers Chairman and Nebraska farmer Don Bloss issued the following statement:
"National Sorghum Producers, alongside our producers, stakeholders and partners, have already seen the market uncertainty and price fluctuations that occur when China retaliates on U.S. goods. We urge President Trump and the Administration to move forward with constructive trade negotiations that will end tariffs on U.S. agriculture, especially during times of existing economic stress.
"We understand the grave impact tariff decisions can inflict on producers. American farmers depend on trade with China, and these tariffs will have devastating effects on U.S. agriculture. We greatly value our business relationship with Chinese buyers and hope to see this win-win relationship move forward. We have witnessed the Administration's efforts in positive trade negations in the past that lifted sanctions on U.S. sorghum and hope to see similar efforts going forward.
"National Sorghum Producers will continue to work with and encourage officials to achieve long-term trade solutions with China. Protecting our markets remains the No. 1 priority for U.S. sorghum farmers and the agriculture industry."
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Cold case investigation leads to Holton warrant
Effingham owner regains truck following theft, arrest
Horton City Clerk's resignation accepted Monday
Falls City man sentenced to Federal Prison
Ground Broken for new Sac and Fox Trad'n Post
Local residents avoid injury in chain reaction crash
Jackson Co traffic stop leads to arrest
One held for past Atchison shooting
90 mph+ downburst winds blamed for Thursday damage
Wamego man sentenced in second fentanyl-related death
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Early Thursday storms leave damage, outages, locally
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
LATEST STORIES
Former Kickapoo Tribal chairman arrested
Atchison company earns energy grant; upgrades planned
Winchester native named as Amberwell CEO
April is Alcohol Awareness Month in Nebraska
MoDOT to discuss Holt County bridge projects
Sheriff's Office to take part in drug take back event
Council hears report from golf course
Commission approves agreement for budget help
Pawnee City School Board approves personnel changes
Hazard mitigation planning meeting set for Atchison County MO