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
Balanced Reporting. Trusted Insights.
Sunday, April 06, 2025
The U.S. and China are set to go head to head at the World Trade Organization in Geneva next week in a brewing battle over Chinese wheat and rice subsidies, and neither side is showing any sign of backing down.
Ag trade experts are working to assess how President Donald Trump's call for an end to preferential trade treatment for Hong Kong will impact American ag exports there, but say there appears to be no direct impact on the "phase one" trade deal with China.
The “phase one” trade deal with China is paying off substantially for commodities like soybeans, corn, wheat and sorghum, but it’s hit or miss for specialty crop farmers, many of whom are still trying to find replacement markets.
The Trump administration continues to argue that it can use the threat of auto tariffs as a tool in negotiating trade agreements, but House Democrats are demanding that the Commerce Department report that supposedly justifies the threat be released publicly.
China’s Finance Ministry announced Thursday that on Feb. 14 it will cut tariff rates on $75 billion worth of U.S. products, including some ag commodities such as soybeans, chicken, pork, oranges and asparagus, but the impact is expected to be minimal.
President Donald Trump served notice though his State of the Union address Tuesday night that his new trade deals are going to be a major part of his case for reelection.
It’s been less than a month since the U.S.-Japan Trade Agreement kicked off on Jan. 1 and the outlook for U.S. beef and pork exports is already rosier.
China should be buying wheat, corn and rice from the U.S. as a result of the "phase one" trade deal and tariffs will not hamper those sales, Gregg Doud, chief agricultural negotiator with the office of the U.S. Trade Representative said Friday.