We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Privacy Terms and Cookie Policy
Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
President Donald Trump on Sunday confirmed that the U.S. and Japan have reached a preliminary deal to lower Japanese tariffs and increase market share for U.S. agricultural commodities. The deal, as reported Saturday by Agri-Pulse, is already being lauded as a success for farmers by major U.S. ag groups.
U.S. and Japanese negotiators have reached an “agreement in principle” on a trade deal that would lower Japan’s tariffs on U.S. agricultural commodities and spare Japan from threatened U.S. industrial tariffs, sources — confirming reports out of Japan — tell Agri-Pulse.
China on Thursday issued a stern new warning that it will be forced to retaliate if the U.S. follows through on a threat to levy new import tariffs, beginning Sept. 1.
Top U.S. and Chinese trade officials met over the phone Tuesday to try to further negotiations to end the countries’ trade war, said to President Donald Trump, who said the negotiations were “productive” and offered optimism that a conclusion could come soon.
President Donald Trump said Thursday he will hit roughly $300 billion worth of Chinese goods — effectively the only goods remaining untaxed in the ongoing trade war — with a 10% tariff on Sept. 1, raising concerns that the recently renewed trade talks are not going well.
The U.S. and China have wrapped up their first round of face-to-face trade negotiations since talks fell apart in May and both sides agreed to meet again in September as President Donald Trump continues to tone down expectations of a quick resolution.
Specific demands have now been made by House Democrats for changes to the U.S.-Mexico-Canada Agreement, and they say it’s now up to the Trump administration to make them happen as lawmakers embark on their six-week summer recess.
The Trump administration’s trade negotiations pick up this week with both China and Japan, while the Agriculture Department starts accepting applications for the latest round of trade assistance being offered to farmers as compensation for the impact of retaliatory tariffs.
A Japanese delegation is coming to Washington next week to resume negotiations on a free trade agreement, U.S. Trade Representative Robert Lighthizer told Agri-Pulse Friday.
Agriculture will be one of the core subjects when U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin travel to China next week to resume trade talks, according to a White House statement released Wednesday.
