Items Tagged with 'U.S.-China trade'

Senate negotiators released a stopgap spending bill Sunday evening that would reopen the government and provide full-year funding for the Agriculture Department and Food and Drug Administration. Also this week, the  United States and China take the first steps to climb down from escalating trade tensions.

The government shutdown heads toward a new crisis point this week with the potential lapse in SNAP benefits, and President Donald Trump is in Asia for meetings that are scheduled to include his face-to-face with Chinese President Xi Jinping. Several Trump nominees of particular importance to food and agriculture policy have hearings on Capitol Hill.

Treasury Secretary Scott Bessent said Sunday the U.S. and China have agreed on the “substantial framework” of a trade deal that will benefit American farmers and resolve other key issues.

The government shutdown needs to end before the Trump administration will move forward with emergency payments to producers who are struggling with low commodity prices, Agriculture Secretary Brooke Rollins said Thursday.

More than 200 national and state agricultural organizations appealed Monday to President Donald Trump for economic assistance, and a top White House official said an aid package would be announced “really, really soon.”