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OPINION: The appendage swinging contest between the US and China continues, with China hitting back with a new rate of 125% on the US, up from the 84% announced earlier.
That apparently pushes the tariff on US pork and pork variety meat to an eye watering 172%.
The new soybean tariff is more than 150%.
This follows Trump’s partial backdown after markets went into freefall, pausing reciprocal tariffs on most countries for 90 days, but upping the ante on China with a tariff of 145%.
Your old mate reckons once tariffs get that high, the actual number becomes academic.
The US Farm Journal concurs: “Whether the tariffs are 50% or 100%, it really doesn’t matter. Either one shuts down trade. It hurts our cotton exports, our beef and our pork.”
OPINION: The good fight against "banking wokery" continues with a draft bill to scrap the red tape forcing banks and financial institutions to make climate-related disclosures, by repealing Part 7A of the Financial Markets Conduct Act 2013.
OPINION: Despite the volatility created by the shoot-from-the-hip trade tariff 'stratefy' being deployed by the new state tenants in the White House, farm commodity prices are holding their own.
OPINION: You would've missed this one if you rely on mainstream media for your news, but your old mate reckons credit should go where credit's due: Emissions by dairy cattle decreased by 1.6% according to the latest NZ Greenhouse Gas Inventory report.
OPINION: With the Government applying some fiscal discipline to scientific research funding, this mutt thinks it might be timely to look at what's still being done in the ag-science space.
Since Donald Trump’s import tariff announcement, the world has been on a wild economic ride.
Among this year’s Primary Industry NZ (PINZ) Awards finalists are a Southlander who created edible bale netting and rural New Zealanders who advocate for pragmatic regulation and support stressed out farmers.
Rockit Global has appointed Ivan Angland as its new chief operating officer as it continues its growth strategy into 2025.
Nominations are now open for the Horticulture New Zealand (HortNZ) board.
A Mid-Canterbury dairy farmer is bringing a millennial mindset to his family farm and is reaping the rewards, with a 50% uplift in milksolids production since he took over.
OPINION: People have criticised Christopher Luxon for the time he’s taken to appoint a new chief science advisor.
A new Indonesian school milk programme is expected to significantly increase the country's total dairy consumption, creating opportunities for New Zealand and other global dairy players.
OPINION: The good fight against "banking wokery" continues with a draft bill to scrap the red tape forcing banks and…
OPINION: Despite the volatility created by the shoot-from-the-hip trade tariff 'stratefy' being deployed by the new state tenants in the…
