President Donald Trump on Thursday issued another veiled threat to the U.S.-China “phase one” trade pact as the relevancy of the deal comes under question with perhaps just months left in the Trump presidency.
The House takes up legislation today to fund USDA, FDA and other agencies for fiscal 2021, and Democrats will use the debate to target President Donald Trump’s effort to address the coronavirus-related slowdowns in meatpacking.
Democrats and Republicans are a long way yet from agreeing on a new coronavirus relief package. But a member of the Senate GOP leadership, Iowa Sen. Joni Ernst, tells Agri-Pulse the Republican proposal will include $20 billion in new spending authority for USDA under its Commodity Credit Corp. account.
The U.S. and China are set to go head to head at the World Trade Organization in Geneva next week in a brewing battle over Chinese wheat and rice subsidies, and neither side is showing any sign of backing down.
Just eight months ago, U.S. chicken farmers were celebrating the reopening of the Chinese market. Now they’re cheering the dizzying pace of sales that have pushed China to the number-one position in April and May in foreign markets, and the trade shows no sign of slowing down.