China has tightened its grip on one of the world’s most strategic resources: rare earth metals. With new export restrictions that could impact everything from smartphones to jet engines, Beijing is signaling it’s willing to use its dominance in these critical materials[...]
Tag: Tariffs & Trade
Carney pitches Keystone XL restart in exchange for progress on aluminum, steel
Canada’s newly elected Prime Minister Mark Carney has reopened one of the country’s most divisive energy debates — Keystone XL. In a meeting with U.S. President Donald Trump, Carney floated reviving the long-dead pipeline as part of a broader deal linking energy,[...]
Daily pricing data reveal the slow-rolling impact of tariffs
Six months into America’s latest round of tariffs, the price tags tell a quiet but unmistakable story. Harvard economist Alberto Cavallo and his team are tracking hundreds of thousands of retail goods, finding that tariffs are slowly—but steadily—raising costs for consumers. Prices[...]
Trump plans aid package for U.S. soybean farmers
Soybean farmers are once again caught in the crossfire of global politics. As President Trump prepares a new aid package to offset China’s boycott of U.S. soybeans, many growers say what they really need isn’t a bailout—it’s a buyer. With harvest season[...]
Iowa soybean president urges trade deal with China; calls Trump policies a ‘bitter pill’ for farmers
Iowa Soybean Association President Tom Adam urged the Trump administration, in a statement Thursday, to prioritize a trade deal with China and to support soybean farmers who are without their biggest market. China typically buys 60% of global soybean exports, and the[...]
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Watch & Listing: Plain Talk: ‘Republicans should not be in favor of tax increases’
Steve Forbes is bringing his trademark mix of sharp economics and plain talk to North Dakota this month. Ahead of his October 23 lecture at NDSU, the former presidential candidate and longtime Forbes Media editor didn’t mince words on tariffs—calling them “just[...]
Trump’s tariffs spur US aluminum industry to boost recycling
Americans throw away more than a billion dollars’ worth of aluminum cans each year, a loss that now carries new weight as tariffs reshape the market. With imports suddenly more expensive, scrap has become the industry’s lifeline — cheaper, cleaner, and far[...]
Port: These Republicans aren’t singing from the same songbook
While national Republican leaders tout a booming economy under Donald Trump, North Dakota officials are painting a very different picture. Agriculture Commissioner Doug Goehring describes farmers squeezed between low crop prices and soaring production costs, much of it worsened by tariffs. Insurance[...]
Port of Vancouver says record volumes of cargo moved during first half of 2025
Canada’s busiest port is moving record volumes as businesses look beyond the United States for new markets. The Port of Vancouver handled 85 million metric tonnes in the first half of 2025, up 13% from a year earlier, driven largely by crude[...]
ND farmers losing ground in trade war: ‘This is a mess’
China is still holding off on making soybean purchases from U.S. farmers, as its trade war with the Trump administration plays out. A key North Dakota ag group says without an immediate solution, it could be harder for local farmers to stay[...]
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Fedorchak celebrates Taiwan ag commitment, boosting markets for North Dakota soybeans and corn
Washington, D.C. — Congresswoman Julie Fedorchak (R-ND) joined the Taiwan-U.S. Agricultural Trade Goodwill Mission at the U.S. Capitol, where Taiwan announced a $10 billion commitment to purchase American agricultural products between 2025 and 2028. The agreement includes soybeans, corn, wheat, and beef[...]
North Dakota soybean growers anxiously await sales to China
WEST FARGO, N.D. — North Dakota soybean growers rely heavily on exports to China, but with harvest on the horizon, those exports are nowhere in sight. “China hasn’t made a single purchase commitment,” John Newton, a longtime ag economist and executive head[...]
Farmer says ‘we’re in a very dire situation’ ahead of harvest—with zero soybean orders from China, historically the largest buyer
American soybean farmers are staring down a harvest season unlike any in recent memory. For the first time in decades, China—the single largest buyer of U.S. soybeans—has not placed an order. That absence is more than symbolic: it leaves roughly a quarter[...]
Since Aug. 1 tariffs, ND farmers struggle to sell soybeans
For North Dakota soybean farmers, this harvest season brings more anxiety than relief. With China pulling back from U.S. purchases after new tariffs, markets have dried up and prices have slipped, leaving families like Christie Jaeger’s wondering how long they can hold[...]
India reluctantly cuts Russian oil imports as additional US tariffs take effect
India has become one of Russia’s biggest oil customers since the war in Ukraine began, but pressure from Washington is forcing a careful recalibration. U.S. tariffs on Indian imports have doubled to 50%, and New Delhi is signaling compliance by trimming—but not[...]
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Why Germany and Italy have suspended shipments of most merchandise to the U.S., effective immediately
For years, small packages under $800 could slip into the U.S. duty-free, fueling billions in cross-border shopping. That loophole closes this week, and confusion is rippling through Europe’s postal networks. National carriers from Germany to Italy are halting shipments to America, saying[...]