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Shining Light on Farm & Food Policy for 20 Years.
Saturday, May 11, 2024
The U.S. and China have settled on a way to enforce agreements made in a pact to end the trade war between the two countries, U.S. Treasury Secretary Steven Mnuchin said Wednesday in a CNBC interview.
The Trump administration, seeking to gain support for the U.S.-Mexico-Canada Agreement from apprehensive House Democrats, sent its chief trade advisor to Capitol Hill Wednesday morning to try to sell the pact and address lawmakers’ concerns.
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.
China may agree to buy more U.S. agriculture commodities and lift onerous trade barriers in the ongoing talks, but unless negotiators can agree on an effective way to make sure the Chinese live up to their promises, any final deal would be worthless.
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.
U.S. Trade Representative Robert Lighthizer said today he is planning on officially starting negotiations with Japan next month for a bilateral free trade agreement.
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.
The top U.S., Canadian and Mexican agriculture officials came together today to espouse the benefits of trilateral cooperation and a newly renegotiated North American trade pact, but the unity was marred by the Trump administration’s refusal to lift its steel and aluminum tariffs.
U.S. negotiators are on their way home from Beijing, but the exhaustive negotiations to try to end the U.S.-China trade war will continue almost immediately next week in Washington D.C., the White House announced today.
U.S. negotiators are getting frustrated with South Korea's continued refusal to allow in more products from American farmers, including rice and apples.
