China has committed to buy at least $80 billion in U.S. farm products over the next two years and the country also agreed to sweeping structural changes that promise to improve trade on a more permanent basis for U.S. beef, pork, rice, corn, wheat, soybeans and other commodities.
In a wide-ranging year-end interview, USTR Chief Agricultural Negotiator Gregg Doud offered more details about the "Phase One" deal with China, a long list of export accomplishments, and what to expect on trade in 2020.
In 2019, the attention of farm country was keenly focused on international trade developments, and the Trump administration’s efforts to lessen their blow on producers, according to an analysis of Agri-Pulse's website traffic throughout the year.
President Donald Trump’s latest claim that he might push back a trade pact with China until after the 2020 elections has unleashed a new wave of uncertainty for America’s farmers who had been counting on promises that a resolution to the trade war was imminent.
House Speaker Nancy Pelosi says negotiations to bring the U.S.-Mexico-Canada Agreement to the House floor are ongoing, but procedural steps required once a deal with the Trump administration is secured could push a vote into the new year.