US EditionUS-China trade truce could bring relief for Nebraska farmers, but uncertainty persists
- In May 2025, the U.S. And China agreed to temporarily reduce tariffs for a 90-day period, establishing a short-term pause in their trade conflict.
- The agreement followed intensive talks in Geneva, driven by unsustainable tariff levels that had hindered trade and business orders between the two countries.
- After the tariff suspension, shipments booked for transport by sea from China headed to the U.S. Surged by 35% right away, indicating a rise in trade flow and a possible boost to economic momentum.
- Nebraska farmers, whose 2023 agricultural exports fell 21% to $7.9 billion, expect relief from tariff cuts and $10 billion in federal aid aimed at offsetting input costs and lower prices.
- Though the trade pause offers short-term optimism, stakeholders acknowledge ongoing uncertainties, emphasizing the importance of continued negotiations to secure lasting market access.
17 Articles
17 Articles
Facing Trade Uncertainty: American Farmers Recalibrate for Survival - Real News Now
Recently, both the United States and China announced a decrease of the onerous tariffs that were previously placed on each other. Yet, there’s a cloud of uncertainty that hangs over the agriculture sector and their concerns are rooted in the possible immediate and long term repercussions of these tariffs. As the American Farm Bureau Federation has stated, exports constitute a significant 20% of all farm income. Looking beyond the current landsca…
Local ag industry optimistic about temporary U.S. & China tariff pause
The U.S. and China agreed to a 90-day pause on escalating tariffs following trade talks, offering temporary relief to industries like agriculture while both sides work toward a longer-term deal.
The United States and China reached an agreement to temporarily cut reciprocal tariffs, in an attempt to end a trade war that has altered global prospects and mired financial markets.
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