Articles Tagged with ''china''

The USDA announced Friday that China is making a significant purchase of U.S. corn after years of deteriorating trade, spurring hope that the trade talks between the two countries are producing real progress that could have lasting effects.

President Donald Trump said Wednesday he’s planning on leaving U.S. tariffs on Chinese products in place “for a substantial period of time,” even after some form of deal is reached with China.

Farm groups are scouring the globe and painstakingly laying the groundwork for trade over the next two decades.

Trade negotiations between the U.S. and China are likely in their final weeks, but that’s no guarantee the trade war between the two countries will end any time soon, U.S. Trade Representative Robert Lighthizer told lawmakers Tuesday.

With President Donald Trump having dropped the threat for now of expanded tariffs, U.S. and Chinese negotiators continue work on details of an agreement that he and Chinese President Xi Jinping could potentially seal later this month in Florida.

The U.S. on Thursday won a key victory at the World Trade Organization to compel China to stop propping up its wheat and rice farmers by maintaining artificially high prices.

Agriculture Secretary Sonny Perdue provided the implementation dates for the 2018 farm bill, saying the first payments to dairy producers could be delivered in July, and he told lawmakers that the White House is working on a comprehensive immigration reform proposal with the help of a USDA adviser.

China agreed to buy an additional 10 million metric tons of U.S. soybeans as negotiators from both countries agreed to extend the latest round of trade talks to go through the weekend, a sign that significant progress is being made to end the trade war, President Donald Trump said Friday.