Washington/Rio de Janeiro | Reuters — U.S. President Donald Trump ambushed Brazil and Argentina on Monday, announcing tariffs on U.S. steel and aluminum imports from the two countries in a measure that shocked South American officials and left them scrambling for answers. In an early morning tweet, Trump said the tariffs, “effective immediately,” were necessary […] Read more
Tag Archives tariffs — page 35
Trump, citing U.S. farmers, slaps metal tariffs on Brazil, Argentina
EU lawmakers clear U.S. beef imports but fault U.S. tariffs
Brussels | Reuters — European Union lawmakers approved an increase in U.S. beef imports to the EU on Thursday, a move likely to ease transatlantic tensions. But they also criticized tariffs imposed by U.S. President Donald Trump on metal imports and a threat he has made to target EU cars and car parts. The European […] Read more
U.S. grains: Soy futures fall to two-month low
Chicago | Reuters — U.S. soybean futures slid to a two-month low on Wednesday on technical selling and expectations that increased rains will benefit crops in rival shipper South America. Corn and wheat futures also fell as traders adjusted positions ahead of Thursday’s Thanksgiving holiday, when U.S. markets will close. The markets will reopen for […] Read more
CBOT weekly outlook: Soy, corn stuck waiting on trade news
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade remain in a holding pattern, waiting for concrete news on ongoing negotiations between the United States and China. Activity during the last week of November was slowing down as traders moved to the sidelines ahead of the U.S. Thanksgiving holiday, with attention expected […] Read more
U.S. grains: Soy falls below US$9 on South America weather, trade doubts
Chicago | Reuters — U.S. nearby soybean futures closed below $9 a bushel on Friday for the first time since September, pressured by improving crop weather in South America and fears that an initial U.S.-China trade deal could be pushed back to next year, analysts said. Wheat futures ended higher, while corn settled narrowly mixed. […] Read more
U.S. grains: Soybeans slide, nearing support at US$9
Chicago | Reuters — U.S. soybean futures fell to their lowest in almost two months on Thursday as uncertainty about progress in U.S.-China trade talks overshadowed support from stronger-than-expected weekly U.S. export sales, analysts said. Wheat futures also declined, backing down from a two-week high, but corn futures rose on signs of improving export and […] Read more
U.S. grains: Soy, corn fall as hopes fade for China trade deal this year
Chicago | Reuters — U.S. corn futures fell to a two-month low and soybean futures hit a seven-week low on Wednesday on fading expectations for a U.S.-China trade deal before the end of the year, analysts said. Chicago Board of Trade wheat futures closed modestly higher on technical buying and concerns about this week’s decline […] Read more
U.S. grains: Wheat futures climb on short-covering
Chicago | Reuters — U.S. wheat futures hit their highest in nearly a week on Tuesday as declining U.S. wheat condition ratings and worries about Southern Hemisphere crop prospects fueled a round of short-covering, analysts said. Corn firmed on signs of improving export prospects and soybean futures closed modestly higher. Chicago Board of Trade December […] Read more
U.S. grains: Corn, soy slide on South American weather, trade worries
Chicago | Reuters — U.S. corn futures hit a two-month low on Monday and soybean futures touched their lowest in seven weeks on forecasts for improving crop weather in South America and uncertainty about prospects for a U.S.-China trade deal, analysts said. Wheat futures rose as worries about tightening global supplies sparked a round of […] Read more
U.S. grains: Soybeans up on increased optimism for trade deal
Chicago | Reuters — U.S. soybean futures crawled higher on Friday on increased optimism that the U.S. and China may soon strike a deal to ease their trade war. Sentiments improved about the prospects for an agreement after White House economic adviser Larry Kudlow said on Thursday evening that the two sides were “getting close” […] Read more
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