Trade war - Articles | WholeFoods Magazine

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WholeFoods Magazine 40th Anniversary Special

Timeline: Major Events of 2019-2024

A glimpse at the news that shaped the industry over the last five years.

January 17, 2024

WholeFoods Magazine Staff

A look back at major events that shaped the natural products industry from 2019-2024.

AHPA: “Phase One” Agreement with China Offers Relief to Supplement Importers

January 22, 2020

WholeFoods Magazine Staff

Silver Spring, MD—On January 15, 2020, the U.S. and China signed an agreement on a Phase One trade deal that, according to a fact sheet from the Office of the United States Trade Representative (USTR), requires structural reforms and other changes to China’s economic and trade regime in the areas...

Limited Agreement Announced to Halt Trade War

December 13, 2019

WholeFoods Magazine Staff

Washington, D.C., and Beijing—U.S. and Chinese officials announced a limited agreement to halt the trade war, according to The Wall Street Journal. President Trump has removed the threat of new tariffs, and Beijing has agreed to purchase American farm goods and other products. The new tariffs would have been imposed...

3 Takeaways from AHPA’s Botanical Congress

November 12, 2019

WholeFoods Magazine Staff

Las Vegas, NV—The American Herbal Products Association (AHPA) held its 8th Annual Botanical Congress on the final day of SupplySide West at the Mandalay Bay in Las Vegas. The all-day event covered a range of topics impacting the industry, including the current regulatory status of hemp-CBD in the marketplace; the...

October Tariff Hike Suspended, First Phase of Potential Trade Deal Outlined

October 12, 2019

WholeFoods Magazine Staff

[vc_row][vc_column][vc_column_text]Washington, D.C.—President Donald Trump outlined the first phase of a deal to end the trade war with China and suspended the October tariff hike, according to Reuters, but officials on both sides said that more work needs to be done before an accord could be agreed upon. The emerging deal...

China Raises Tariffs on American Goods; Update: Trump Responds; China, Trump Look for Deal

August 23, 2019

WholeFoods Magazine Staff

Shanghai, China—The Chinese government announced that it will impose its own tariff increases on American imports, which The New York Times called “the latest sign that neither side is prepared to back down in their trade war.” The State Council Tariff Commission in Beijing said it would impose extra tariffs...

Trade War Raises Industry’s China Conundrum…Again

July 15, 2019

Scott Steinford

The trade war is in full force between the United States and China with the dietary supplement industry on both sides caught in the crosshairs. This war is already having an impact on consumer sentiment and pricing, and while it is likely that the trade war will end at some...

Farmers to Receive $16 Billion Bailout

May 28, 2019

WholeFoods Magazine Staff

Washington, D.C.—President Trump unveiled a $16 billion bailout for farmers, according to the NY Times, signaling that the trade war is here to stay. The amount, according to a statement from the Agriculture Department, “is in line with the estimated impacts of unjustified retaliatory tariffs on U.S. agricultural goods and...

China Raises Tariffs on All American Goods

May 13, 2019

WholeFoods Magazine Staff

Washington, D.C., and Beijing, China—China’s finance ministry announced that it will raise tariffs on a range of American goods in retaliation for last week's escalation, according to the New York Times. China currently has tariffs on $60 billion in American goods. Last September, they levied tariffs of 5% to 10%...

U.S. Raises China Tariffs, Threatens to Impose More

May 10, 2019

WholeFoods Magazine Staff

Washington, D.C., and Beijing, China—President Donald Trump has raised existing tariffs on $200 billion of Chinese imports to 25%, effective on all goods that shipped out of China after 12:01 Friday morning. Goods that shipped prior to midnight will be charged the previous 10% rate. Beijing expressed intent to retaliate,...