The telephone talks between U.S. and Chinese trade negotiators went well last week, potentially leading to an in-person meeting next week and an increase in Chinese imports of U.S. soybeans, according to Chinese and U.S. sources.
Negotiations on budget caps and an increase in the federal debt ceiling are going down to the wire as lawmakers seek to nail down a deal with President Donald Trump that the House can vote on this week before starting its August recess.
Snowballing signals from the White House of losing patience over the slow pace of ratification of the U.S.-Mexico-Canada Agreement could force a showdown with House Democrats, and there’s a lot at stake for the U.S. ag sector.
The Trump administration is looking this week to increase the pressure on Congress to approve the U.S.-Mexico-Canada trade agreement while making progress with China in the wake of the recent meeting between President Donald Trump and Chinese leader Xi Jinping.
President Donald Trump said Saturday that he and Chinese President Xi Jinping have agreed to restart talks to end the U.S.-China trade war that has cost the U.S. ag sector billions of dollars in lost exports.
President Donald Trump and his top trade negotiator head to the Group of 20 summit in hopes of re-starting negotiations with China before the trade war escalates further while simultaneously making progress in talks with the Japanese on reducing their barriers to U.S. farm exports.
U.S. Trade Representative Robert Lighthizer is trying to convince skeptical Democrats that the U.S.-Mexico-Canada Agreement will do enough to address their concerns over drug pricing and enforcement of labor and environmental standards.
The Trump administration is eyeing next week’s Group of 20 summit in Japan to jump-start negotiations with China and make continued progress toward a deal with the Japanese to reduce their barriers to beef, pork and other U.S. farm commodities.
The White House steps up its campaign to get Congress to approve the U.S.-Mexico-Canada trade agreement this week, dispatching U.S. Trade Representative Robert Lighthizer for hearings on both sides of Capitol Hill.
The Trump administration is in a hurry for Congress to ratify the U.S.-Mexico-Canada trade agreement, but many House Democrats showed Wednesday at a hearing that they won’t be hurried as they contemplate changes to the renegotiated North American trade pact.