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Shining Light on Farm & Food Policy for 20 Years.
Monday, December 23, 2024
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.
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.
The telephone talks between U.S. and Chinese trade negotiators went well last week, potentially leading to an in-person meeting next week and an increase in Chinese imports of U.S. soybeans, according to Chinese and U.S. sources.
The Trump administration is eyeing next week’s Group of 20 summit in Japan to jump-start negotiations with China and make continued progress toward a deal with the Japanese to reduce their barriers to beef, pork and other U.S. farm commodities.
The White House steps up its campaign to get Congress to approve the U.S.-Mexico-Canada trade agreement this week, dispatching U.S. Trade Representative Robert Lighthizer for hearings on both sides of Capitol Hill.
Multiple sources agree that African Swine Fever, first confirmed in China on Aug. 2, 2018, in the northeastern city of Shenyang, is ravaging the Asian giant’s pork industry in a way that will have impacts on global protein production and feed consumption for several years in the future.
Agriculture Secretary Sonny Perdue confirmed Friday that USDA, at the request of the White House, is working to put together a second aid package for farmers to make up for losses from Chinese tariffs.
The optimism coming out of the White House and USDA for a U.S. deal with China to end the trade war has been growing for months, but the rosy outlook dimmed this week because of a new rift between both countries’ negotiators.
U.S. Trade Representative Robert Lighthizer confirmed today he will carry out President Donald Trump’s threat to increase the tariff rate on $200 billion worth of Chinese goods.
