The U.S.-China trade negotiations return to Washington this week amid signs of progress, while Senate Republicans seek to move forward with a long-stalled package of disaster aid eagerly awaited by a growing list of farmers.
U.S. negotiators head to China this week to resume face-to-face trade talks, and the Senate is expected to consider a long-stalled disaster aid bill amid demands to expand it to include assistance for losses from the Midwest flooding.
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.
With President Donald Trump having dropped the threat for now of expanded tariffs, U.S. and Chinese negotiators continue work on details of an agreement that he and Chinese President Xi Jinping could potentially seal later this month in Florida.
The White House announced Saturday night that China has agreed to “start purchasing agricultural products from our farmers immediately” after a dinner meeting between President Donald Trump, Chinese President Xi Jinping and high-level officials on both sides.