Trump Cuts Tariffs on Ag Equipment to 15%

President Donald Trump on Monday moved to reduce tariffs on heating and cooling equipment and certain heavy industrial and agricultural goods, as well as cutting levies on products from abroad made with American metals. The move is the latest by the Trump administration to limit the collateral damage of its trade wars.

China to Buy $17 Billion in US Farm Goods Annually

China will purchase at least $17 billion in U.S. agricultural products annually through 2028, in addition to soybean commitments already agreed to, the White House said in a fact sheet released Sunday. The announcement followed President Donald Trump’s visit to Beijing last week for talks with Chinese President Xi Jinping and was among the few concrete deliverables from a summit Trump had pitched in March as a ‘monumental event.’

US Imports of Brazilian Beef Surged in First Quarter

Brazilian beef exports to the U.S. are booming, according to monthly USDA trade data released Tuesday. Brazilian meat packers shipped $795 million in beef to the U.S. in the first three months of this year, up 21% from a year ago. Last year marked a record for Brazilian beef shipments to the U.S., topping $1.75 billion, up 39% from 2024.

China Signals Openness to Buying More US Ag Products

Top ​U.S. and Chinese economic officials held ‘remarkably stable’ talks in Paris on Sunday that touched on potential areas ‌of agreement in agriculture. The Chinese side showed openness to potential additional purchases of U.S. agricultural goods including poultry, beef and non-soybean ​row crops, one of the sources said, adding that China was still committed to buy 25 million metric tons of ​American soybeans for each of the next three years.

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