We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Terms and Cookie Policy
Shining Light on Farm & Food Policy for 20 Years.
Sunday, April 28, 2024
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.
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.
China needs rice imports, U.S. farmers are anxious to sell more rice and it might not be long before the countries are doing business after more than 20 years of haggling over details of opening up trade.
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.
If the Trump administration wants the legislatures in the U.S., Mexico and Canada to ratify the renegotiated trade agreement that binds all three countries with virtually no ag trade tariffs, it’s going to have to lift its steel and aluminum tariffs, Senate Finance Committee Chairman Chuck Grassley said Wednesday.
U.S. and Chinese negotiators are in Beijing this week trying to strike agreements to end the countries’ trade war, but the damage has already been done for the U.S. ag sector and farmers say some of it is irreversible.
President Donald Trump told reporters Thursday he doesn’t expect to be able to meet with Chinese President Xi Jinping before the trade war between the two countries escalates at the beginning of March.
