News
De minimus expires, halting US shipments
As the de minimis import exemption expires, US consumers will see shipments halted and significant cost increases on international orders.
News
NC soybeans caught in the tariff crossfire
One of North Carolina's top five cash crops becomes the center of attention in a battle over tariffs between Trump and China.
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John Deere predicts major losses as tariffs settle in
More than $600 million in tariff-related losses is predicted by a major farm equipment manufacturer.
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Federal Court rules Trump tariffs illegal
The Trump administration has until Oct 14 to appeal the ruling to the US Supreme Court.
News
Trump extends China trade deal another 90 days
China is the second largest buyer of NC soybeans, at $16.9 million.
News
Trump tariffs to take effect
After months of deadlines being pushed back, tariffs are set to go into effect for multiple countries, and NC businesses are bracing for the impact.
News
US imposes 19% tariff on Indonesia
In a new trade deal, Indonesia will pay a 19% tariff on US imports.
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US-Philippines reach trade pact with 19% tariffs
The US has reached a trade pact with the Philippines, imposing a 19% import tariff.
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GM absorbs $1.1 billion in tariff costs
General Motors suffers a 35% decline in net income due to tariff costs, according to second-quarter reports,.
News
Imports to North Carolina rise, but tariffed industries see decline
While imports to North Carolina have increased by 40% overall since May, industries with tariffs already enacted show a clear decrease in imports.
News
USDA opens applications for Mexico trade mission
“We strongly encourage industry members to take advantage of these opportunities when they align with their business goals. Mexico." — Steve Troxler, commissioner of NCDA&CS.
News
Anticipating tariffs, NC imports of precious metals, inorganic chemicals spike
The most significant changes were observed in imports of natural pearls, precious stones, metals, and coins, which experienced a staggering increase of 2,727% — from $77.2 million to $2.2 billion year-to-date.
