Trade

Nicole Erwin, Ohio Valley ReSource

 

Dozens of Tennessee farmers have urged the state's U.S. House delegation to oppose President Donald Trump's steel and aluminum tariffs, saying they worry the fallout will cripple the rural state's agriculture.

Nicole Erwin, Ohio Valley ReSource

  China buys more than half of the soybeans grown in the Ohio Valley. So China’s threat this week to place a 25 percent tariff on U.S. soy means farmers would be caught in the crosshairs of a trade war.

Updated at 11:15 a.m. ET

Newly enacted U.S. tariffs on aluminum and steel imports have sparked a sharp reaction from around the globe, with several nations warning of an all-out trade war.

President Trump on Thursday made good on a promise to impose a 25 percent tariff on imported steel and a 10 percent tariff on aluminum imports. The levies are to go into effect in 15 days.

Engage Cuba via Facebook

A new, bipartisan Kentucky council aiming to strengthen ties between the U.S. and Cuba has high hopes for trade.

If Trump Taxes Steel Imports, Europe Eyes Bourbon Tariffs

Jul 7, 2017
Matt Markgraf, WKMS

Kentucky’s bourbon industry could find itself in the middle of a potential trade war between the United States and the European Union.

The Trump administration has set into motion the process to renegotiate the North American Free Trade Agreement, following through on the president's earlier promise.

U.S. Trade Representative Robert Lighthizer formally notified congressional leaders in a letter Thursday that the president intends to launch negotiations with Canada and Mexico "as soon as practicable."

President Trump still calls the North American Free Trade Agreement "a horrible deal" for the United States. But in opting to renegotiate — rather than cancel — the agreement, Trump acknowledged that backing out of NAFTA would be "a pretty big shock to the system."

After more than two decades, NAFTA is tightly woven into the economies of the U.S., Canada and Mexico. Trade among the three countries is much more robust and supply chains more tightly integrated than was the case in 1994 when NAFTA went into effect.

Courtesy Rep. James Comer's Office

Republican Kentucky Congressman James Comer (1st Dist.) recently returned from a five-member congressional agricultural trade mission to Cuba. Comer said lifting the Cuban embargo on trade is a "no brainer" and plans on being a leader in Congressional efforts to do so. Matt Markgraf speaks with Comer about how the U.S. and Kentucky's first district could stand to gain from easing restrictions and expanding trade relations with the Caribbean island.

President Trump's threats to disrupt trade with Mexico aren't just worrying people south of the border.

Each time Trump attacks the North American Free Trade Agreement, known as NAFTA, the executives at a 130 year-old railroad company in Kansas City, Mo., hold their breath. Like a lot of U.S. companies, cross-border trade accounts for a lot of Kansas City Southern's business.

Paul Schneider, 123rf Stock Photo

After an election season in which both major political parties bashed free trade deals, the mayors of Kentucky’s two largest cities have renewed their initiative to attract foreign investment to — and exports from — the region. 

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