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Oregon wheat farmers continue to deal with low crop prices and high input costs. They’ve recently learned the Trump administration’s $12 billion bailout package likely won’t help much.
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The Trump administration plans to bail out U.S. commodity farmers caught in the president’s ongoing trade disputes.
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Declining economic growth, population and rising unemployment put Oregon behind national rates.
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The Trump administration has hinted at plans to bail out U.S. commodity farmers caught in the president’s ongoing trade disputes.
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The Trump administration argues tariffs will create manufacturing jobs in the U.S., but some company leaders say import taxes are driving up the cost of parts while demand falls.
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It’s unclear how import taxes will affect Oregon’s economy in the long term, but early indicators show prices going up as businesses halt investments.
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American wine industry stakeholders have different opinions about the potential fallout from tariffs on European wine, with California likely feeling the biggest impact.
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Federal court hears arguments for State of Oregon, et al., v. Trump, et al.
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The Oregon-based athletic wear company plans to mitigate the cost, in part, by raising consumer prices.
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Ruling also rejects Trump’s attempt to get California’s case transferred. State takes its tariffs fight to the 9th Circuit appeals court, which experts believe is more likely to give it a favorable ruling.
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Economists and companies warn that consumers have yet to feel the full effect of President Donald Trump’s tariffs, but that prices are likely to spike this summer.
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The state is leading a coalition of 12 states suing over tariffs. Oregon’s economy is highly trade-dependent.
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From higher costs to export worries, California’s agricultural and wine industries face many possible tariff effects. But some hope for opportunity.
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Gov. Gavin Newsom and Attorney General Rob Bonta announced the lawsuit Wednesday, saying the tariffs hurt “states, consumers and businesses.”