tariffs

The U.S.-China trade war continues with President Donald Trump threatening to place 25 percent tariffs on more Chinese imports. However, businesses and economist warn consumers will be the ones paying.

Steve Burns / WTIU/WFIU News

 

Farmers who claim preventative plant coverage on their crops likely won’t be getting aid from President Trump’s tariff payments.

Preventative plant coverage is for farmers who are not able to get a crop in the ground.  Much like other types of insurance, it allows farmers to purchase a level of coverage that protects them against losses. Farmers have only planted a third of Indiana’s corn so far this year, compared to 94 percent this time last year.  

Indiana businesses are concerned the escalated trade war between the United States and China will hurt their financial future.

(wuestenigel/Flickr)
Samantha Horton

Retailers say that they can’t absorb the extra costs from the Trump administration’s increased tariffs on billions of dollars in Chinese imports. Now consumers can expect to see price increases when shopping.

President Donald Trump boosted tariffs Friday on Chinese imports from 10 to 25 percent. As trade talks continue, U.S. businesses warn the increase will hurt them and consumers.

Purdue University President Mitch Daniels talk with U.S. Secretary of Agriculture Sonny Perdue on a variety of issues impacting the agricultural industry. (Samantha Horton/IPB News)
Samantha Horton

U.S. Secretary of Agriculture Sonny Perdue fielded several trade questions while visiting Purdue University Tuesday morning including numerous inquiries about the potential economic impacts of the southern border crisis.

Purdue University College of Agriculture Associate Dean Jason Henderson talks to farmers about the current farm economy along with the challenges and opportunities going forward. (Samantha Horton/IPB News)
Samantha Horton

After a few years of farmers struggling to make a profit and the addition of tariff uncertainty to the economic mix, some farmers have begun looking for new markets to tap. One expert says some farmers may be able to find success in producing products targeted to a younger generation.

Global AgriTrends President and CEO Brett Stuart gives the economic update at the Midwest Pork Conference Tuesday. (Samantha Horton/IPB News)
Samantha Horton

Indiana, like the broader U.S. pork industry, has taken some hits this year with thanks to tariffs from China and Mexico on “the other white meat.”  This and other factors helped one economist make a 2019 forecast for national hog production.

(Pixabay)
Lauren Chapman

Numbers from the American Farm Bureau indicate soybean exports to China are down about 97 percent of what they were a year ago, thanks to President Donald Trump’s tariffs on China and that nation’s economic retaliation.

President Donald Trump speaks at the annual FFA convention in Indianapolis. (Samantha Horton/IPB News)
Lauren Chapman

President Donald Trump spoke to thousands of FFA members at the organization’s national convention in Indianapolis Saturday. He touted his trade deals and economic policy trying to convince attendees that his trade policies are helping, not hurting, American farmers.

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