US and China reportedly reach trade deal

12/12/19 6:40 PM By Bill Tomson

The Trump administration has reached a tentative trade deal with China, according to news reports that come the same day President Donald Trump tweeted that an agreement was “very close.”

Bill Tomson
Senior Trade Editor

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USMEF President and CEO Dan Halstrom

This week’s Open Mic guest is Dan Halstrom, president and CEO of the U.S. Meat Export Federation. While the global food distribution system may have been altered by the COVID-19 pandemic, Halstrom says consumer demand for U.S. beef, pork and lamb continues to grow. USDA data suggests strong demand for red meat thanks to recent trade agreements giving U.S. producers a more level playing field to compete in global market. Halstrom expects recovery from the pandemic in certain countries as well as online trends in consumer shopping to lead to greater U.S. market share in global markets.

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