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Shining Light on Farm & Food Policy for 20 Years.
Friday, September 27, 2024
Chinese Vice Premier Liu He is set to sign a landmark, partial trade deal in Washington this week that could be crucial to reviving a farm economy that has been dependent on an infusion of government payments to offset the damage from the U.S.-China trade war.
In a wide-ranging year-end interview, USTR Chief Agricultural Negotiator Gregg Doud offered more details about the "Phase One" deal with China, a long list of export accomplishments, and what to expect on trade in 2020.
In 2019, the attention of farm country was keenly focused on international trade developments, and the Trump administration’s efforts to lessen their blow on producers, according to an analysis of Agri-Pulse's website traffic throughout the year.
The first shipment of U.S. chicken to be sent to China in years will be arriving in January, marking the resumption in trade after China lifted its ban just a little over a month ago, USA Poultry and Egg Export Council President Jim Sumner tells Agri-Pulse.
China has agreed to make significant policy changes to tear down non-tariff barriers to U.S. farm commodities under the trade deal expected to be signed early next year, according to industry sources who were briefed on the pact and government officials with knowledge of the briefing.
China has agreed to purchase $40 billion to $50 billion in U.S. agricultural commodities annually for two years as well as remove significant ag trade barriers, a senior Trump administration official told reporters Friday.
The U.S. and China have signed off on a partial, “Phase One,” trade pact that includes a Chinese pledge to buy tens of billions of dollars of U.S. farm commodities, President Donald Trump said Friday.
The Trump administration has reached a tentative trade deal with China, according to news reports that come the same day President Donald Trump tweeted that an agreement was “very close.”
President Donald Trump remains resolute that China commit to specific promises on amounts of U.S. ag commodities that it would buy as part of a trade pact, Ag Secretary Sonny Perdue said Wednesday.