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.
The USDA announced Friday that China is making a significant purchase of U.S. corn after years of deteriorating trade, spurring hope that the trade talks between the two countries are producing real progress that could have lasting effects.
Brazil has agreed to lift its ban on U.S. pork and make good on a 24-year-old promise to set up an annual 750,000-metric-ton tariff rate quota to allow in U.S. wheat, according to the leaders of the two countries.
The Trump administration, seeking to gain support for the U.S.-Mexico-Canada Agreement from apprehensive House Democrats, sent its chief trade advisor to Capitol Hill Wednesday morning to try to sell the pact and address lawmakers’ concerns.
The House of Representatives is awash with new lawmakers. They’ve only been on the job for a few months but could present a formidable obstacle for the Trump administration as it pushes for approval of the U.S.-Mexico-Canada Agreement.
Trade negotiations between the U.S. and China are likely in their final weeks, but that’s no guarantee the trade war between the two countries will end any time soon, U.S. Trade Representative Robert Lighthizer told lawmakers Tuesday.