Items Tagged with 'steven mnuchin'

Congressional leaders reach agreement with the White House on a $900 billion COVID-19 relief package that will include a new round of aid to various agriculture sectors while also ensuring the deductibility of expenses used to get forgiveness of Paycheck Protection Program loans.

The USDA announced Tuesday that Chinese importers contracted to buy hefty new amounts of U.S. corn and soybeans just hours after top U.S. and Chinese trade officials met Monday night to review progress of the “phase one” trade pact.

The U.S. and China are making strong progress on implementing the “phase one” trade deal and both sides expect the pact will be successful despite the impacts of the COVID-19 pandemic.

Several shipments of U.S. chicken on their way to China are being diverted to South Korea and Hong Kong because of the disruption at Chinese ports as the country tries to contain the spread of the coronavirus, Agri-Pulse has learned.

High-level U.S. and Chinese agricultural trade officials are prominent in the bilateral trade talks this week as Gregg Doud, the top ag negotiator for the U.S. Trade Representative, and Han Jun, China’s vice minister of agriculture and rural affairs, met together with others at USTR's Washington headquarters Thursday.

The U.S. and China are set to begin trade talks again after a tumultuous week of tension-escalating threats of new tariffs and tariff-rate increases that roiled international markets and alarmed the U.S. ag sector.

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.