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High Plains Ag Week 1/31/2020

January 31, 2020 by justin.benavidez

On Wednesday, January 29, President Trump signed the United States-Mexico-Canada Agreement (USMCA). Today I’ll review the economic impact of agricultural exports from Texas, and the Texas 13th Congressional District to Canada and Mexico, our two USMCA trading partners. [Read more…] about High Plains Ag Week 1/31/2020

Filed Under: High Plains Ag Week, Trade, USMCA

High Plains Ag Week 12/20/2019

December 20, 2019 by justin.benavidez

In anticipation of the final approval of USMCA, we’ll cover the importance of U.S. agricultural exports to the U.S. and Canada. It’s our last High Plains Ag Week before the break. We’ll be back on Friday, January 3. See you next decade. [Read more…] about High Plains Ag Week 12/20/2019

Filed Under: Trade, USMCA

High Plains Ag Week 10/25/2019

October 25, 2019 by justin.benavidez

The U.S. announced 25% tariffs on certain goods from the European Union, including agricultural goods. Today I discuss what it is we import from European countries, and some of the progress on a trade deal between the U.S. and China. [Read more…] about High Plains Ag Week 10/25/2019

Filed Under: China, European Union, High Plains Ag Week, Trade

High Plains Ag Week 9/26/2019

September 27, 2019 by justin.benavidez

The big news for farmers and ranchers this week was the signed partial trade deal between the United States and Japan focusing on agriculture. [Read more…] about High Plains Ag Week 9/26/2019

Filed Under: High Plains Ag Week, Trade

‘It Depends’ – What’s the deal with the trade deficit?

August 9, 2019 by justin.benavidez

What is it? How do we calculate it? Written with Dr. Luis Ribera, Associate Professor and Extension Economist, Texas A&M AgriLife Extension.

[Read more…] about ‘It Depends’ – What’s the deal with the trade deficit?

Filed Under: Trade

‘It Depends’ – How do all these tariffs actually work?

May 15, 2019 by amarilloagecon Leave a Comment

As of Friday morning, the United States has levied 25% tariffs on nearly one-third of all Chinese products in response to President Xi Jinping of China reportedly reneging on parts of a drafted agreement presented to him post-negotiation by U.S. and Chinese officials.  Tariffs and trade disputes have been front-page news for over a year now, and I get questions about them all the time. The details of how tariffs work aren’t hard to understand, but sometimes the economic consequences are. With tariffs back in the news I thought I’d take a moment to explain (written and graphically as we had to do in my graduate trade class) how these tariffs actually work. [Read more…] about ‘It Depends’ – How do all these tariffs actually work?

Filed Under: Trade Tagged With: China, It Depends, tariffs, trade

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