×

Top News & Analysis Iowa

  • *China vows 25 pct tariffs on 659 U.S. products. *Soybean futures plunge on China retaliation fears. Trump laid out a list of more than 800 strategically important imports from China that would be subject to a 25 percent tariff starting on July 6, including cars, the latest hardline stance on trade by a U.S. president who has already been wrangling with allies.

  • CHICAGO, June 15- U.S. soybean futures outpaced falls across most other markets on Friday as the trade war with China escalated and Beijing said it would impose tariffs on U.S. soybean imports, the single most valuable U.S. agricultural export product to its Asian rival. China also said it would tax oil and gas imports from the United States. Soybean futures dropped...

  • EPA has issued a record number of waivers freeing small refineries from the U.S. The EPA, under Administrator Scott Pruitt, has issued more than two dozen small refinery exemptions from the RFS for 2017, including waivers to plants owned by some the largest U.S. refining companies. The biofuel industry says the waivers have cut the 15 billion gallon mandate to...

  • *China to hit back with 25 pct tariffs on 659 U.S. products. *Soybean futures plunge on China retaliation fears. Trump laid out a list of more than 800 strategically important imports from China that would be subject to a 25 percent tariff starting on July 6, including cars, the latest hardline stance on trade by a U.S. president who has already been wrangling with...

  • NEW YORK, June 15- The U.S. Environmental Protection Agency said on Friday it cannot make large oil refineries blend additional biofuels into their gasoline to make up for volumes waived under the small refinery hardship waiver program, unless Congress authorizes it. EPA has issued a record number of waivers freeing small refineries from the U.S.

  • *Oil falls over $2 a barrel ahead of OPEC meeting. June 15- U.S. stocks fell on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, prompting Beijing to warn of retaliation and reigniting fears of a trade war between the world's two largest economies. President Donald Trump said in a statement that a 25 percent tariff would be...

  • *Oil falls $2 a barrel ahead of OPEC meeting. June 15- U.S. stocks fell on Friday after the United States announced tariffs on $50 billion worth of Chinese goods, prompting Beijing to warn of retaliation and reigniting fears of a trade war between the world's two largest economies. President Donald Trump said in a statement that a 25 percent tariff would be imposed...

  • MINNEAPOLIS— Deep in the heart of Trump country, Environmental Protection Agency chief Scott Pruitt is being met with protests by farmers and ethanol producers concerned that he is undermining the industry with his strong support of oil and gas. Their unhappiness is being broadcast on billboards, at rallies and in meetings the EPA chief is holding during a...

  • MEXICO CITY, June 14- Mexico could strike at $4 billion in annual imports of U.S. corn and soybeans if President Donald Trump escalates a trade spat with new tariffs, officials told Reuters this week, and it is studying how to reduce the pain of such a move. "This issue is one for phase two," said Bosco de la Vega, who heads Mexico's main agricultural lobby, the National Farm...

  • NEW YORK— New York's attorney general sued President Donald Trump and his foundation Thursday, accusing him of illegally using the charity's money to settle disputes involving his business empire and to promote his political fortunes during his run for the White House. Underwood referred her findings to the IRS and the Federal Election Commission for...

  • CHICAGO, June 12- U.S. officials pressed China on issues related to poultry, beef and biotechnology in recent trade talks, a U.S. Department of Agriculture under secretary said on Tuesday, highlighting some of Washington's priorities in the negotiations. The United States and China have threatened tit-for-tat tariffs on goods worth up to $150 billion each as...

  • ANKENY, Iowa _ Casey's General Stores Inc. on Tuesday reported fiscal fourth-quarter profit of $19.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Five analysts surveyed by Zacks expected $2.13 billion.

  • BISMARCK, N.D.— The U.S. Army Corps of Engineers within the next two months expects to wrap up an environmental study of the Dakota Access oil pipeline after recently meeting with four American Indian tribes battling the pipeline in court. District Judge James Boasberg in Washington, D.C., allowed the $3.8 billion pipeline to begin pumping oil from western North...

  • Social Security checks may or may not be taxed, depending on your income. Whether and how much of your Social Security benefit is taxed will be determined by "combined income." That's your adjusted gross income, plus any non-taxable interest, plus half your Social Security benefit.

  • NEW YORK— AT&T and drug giant Novartis got nothing but bad publicity when they asked Donald Trump's personal attorney Michael Cohen for help with business, but a Florida immigration firm that tapped him appears to have gotten nearly everything it wanted. "Without regulation, the fat cats are still lapping at the bowl," said David North, a fellow at the nonpartisan...

  • MEXICO CITY/ DES MOINES, Iowa, June 8- U.S. producers can sell pork legs and shoulders to Mexico via an import quota despite retaliatory measures taken this week after U.S. Mexico published a long list on Tuesday of U.S. products it would subject to tariffs, including the pork cuts. The measures were a response to U.S. tariffs on steel and aluminum imports from Mexico,...

  • DES MOINES, June 7- More than 14 percent of $140 billion in annual U.S. farm exports have been or will likely be hit by retaliatory tariffs in trade disputes with major buyers such as China and Mexico, a top U.S. trade negotiator said on Thursday. Mexico's response raised trade tensions and further complicated efforts to renegotiate the trillion-dollar North...

  • DES MOINES, June 7- More than 14 percent of $140 billion in annual U.S. farm exports have been or are likely to be hit by retaliatory tariffs in trade disputes with countries such as China and Mexico, a top U.S. trade negotiator said on Thursday. The duties raised trade tensions and further complicated efforts to renegotiate the trillion-dollar North American Free...

  • WASHINGTON— Environmental Protection Agency chief Scott Pruitt laughed off questions about whether he used his office to try to help his wife get a "business opportunity" with Chick-fil-A, while a close aide abruptly resigned amid new ethics allegations against her boss. Pruitt said in a statement Wednesday that his scheduling director, Millan Hupp, 26, had...

  • Mexico announced the levies this week in retaliation to Trump's decision to slap tariffs on metal imports from Mexico and other countries. The tariffs could hit American apple growers in Washington state, cheesemakers in California and pork producers in Iowa, Virginia and Colorado. Last year, Washington state exported $126 million in fresh apples to Mexico,...