China is going to lift tariffs to allow in more U.S. soybeans and pork, according to Xinhua News, a government-run media outlet, though it's unclear how much of the U.S. commodities will be allowed in, or for how long.
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.
President Donald Trump announced Monday the U.S. will be restoring tariffs on Brazilian and Argentine steel and aluminum, potentially disrupting the recently improving U.S. trade relationships with Brazil.
Pork producers hope an Iowa State University analysis saying U.S. pork exports to China could reduce the overall trade deficit with the country by 6% percent will lead to an easing of tariffs between the two countries.
The USDA is now moving to open the U.S. border to Chinese chicken amid final talks between the two countries to wrap up a partial trade pact that is promised to result in China increasing its imports of U.S. ag commodities.
U.S. and Chinese negotiators have agreed to eliminate some tariffs “in phases” as talks continue to finalize a partial Phase One trade deal, a spokesman for China’s Commerce Ministry said Thursday at a press conference in Beijing.
China cancels plans to send a goodwill delegation to Montana and Nebraska after U.S. and Chinese negotiators wrapped up talks this week in Washington, a precursor to high-level negotiations planned for early October.
High-level U.S. and Chinese agricultural trade officials are prominent in the bilateral trade talks this week as Gregg Doud, the top ag negotiator for the U.S. Trade Representative, and Han Jun, China’s vice minister of agriculture and rural affairs, met together with others at USTR's Washington headquarters Thursday.