Tariffs

060419 532

Republican Governor Kim Reynolds says she’ll tell President Trump she’s concerned about his threat to put new tariffs on all products from Mexico when he visits Iowa next week. 

President Trump says all goods coming into the United States from Mexico will be hit with new tariffs next week unless Mexico stops the flow of migrants crossing the southern border. 

Reynolds says she’ll tell Trump it’s critical to focus instead on ratifying a trade agreement with Mexico and Canada, Iowa’s top export markets.

Missouri River Edit | Remove

060419 432

After many delays, Congress has passed a large disaster aid package with help for communities nationwide, including many in Iowa that are recovering from major flooding. Iowa Republican U.S. Senator Chuck Grassley says some on-farm losses not automatically covered by disaster aid now will be eligible.

060319 504

The Iowa Attorney General’s office is asking each of the four Catholic dioceses (DY-uh-siss-es) in the state to submit their records on clergy sex abuse. 

052419 504

A statewide sales tax for school infrastructure improvements set to expire in 10 years has been extended through 2051.

Iowa Governor Kim Reynolds signed a bill extending that sales tax into law in Sioux City today (yesterday/Friday).

Sioux City Community School District Superintendent Dr. Paul Gausman (GAUS-min) says the state’s 1-cent sales tax has helped the school district in the past and will help them in the future.

051719 532

The Trump administration reached agreements with Canada and Mexico to lift tariffs on metals imported from those countries.  The deal resolves a yearlong standoff that inflamed North Atlantic tensions and complicated efforts to ratify a revised trade deal.

Iowa Governor Kim Reynolds and U.S. Senator Joni Ernst praised the deal.  Ernst issued a statement saying the deal was huge news for Iowa, especially the state’s farmers and manufacturers.   

051719 404 

The Trump administration has reached agreements with Canada and Mexico to lift tariffs on metals imported from those countries, resolving a yearlong standoff that inflamed North Atlantic tensions and complicated efforts to ratify a revised trade deal.

051619 532

Rural bankers say they are slightly less confident about the economy than they were last month.  That’s according to The Rural Mainstreet survey for May. The survey's confidence index, is at its lowest level in almost two years.

The report released today shows the survey's overall index dropping from 50 in April to 48.5 this month. Any score above 50 suggests a growing economy, while a score below 50 indicates a shrinking economy.

051619 404

 A monthly survey of rural bankers in parts of 10 Plains and Western states shows they're rapidly losing confidence in the region's farm economy.

The Rural Mainstreet survey for May, released Thursday, shows the survey's overall index dropping from 50 in April to 48.5 this month. Any score above 50 suggests a growing economy, while a score below 50 indicates a shrinking economy.

Coming up this week on The Exchange, how soybean farmers are being affected by yet more tariff increases 

Also as we approach the 75thanniversary of D Day, the story of the Nebraska journalists who sent their stories out from behind the lines, and a remembrance of the return of some Vietnam Vets from the 185thin Siouxland 50 years ago.

Intro

051519 504

China is hardly buying any U.S. soybeans thanks to the ongoing trade dispute. But as China grapples with a major disease outbreak, there’s a possible silver lining for farmers here.  

African swine fever has led to the deaths of at least a million hogs in China, a country that eats a lot of pork.

To meet that demand, China may need to import more U-S pork.

The U-S has the capacity to raise more pigs, and those animals would eat some of the soybeans that China isn’t currently buying. 

Pages