US Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade deal with China despite concerns over Beijing’s handling of the coronavirus pandemic, reported Reuters. Grassley, a strong backer of the trade agreement signed in January, told reporters he felt that […]
Category: Agriculture
White House economic adviser Larry Kudlow said on Tuesday that President Donald Trump is so “miffed” with Beijing over the novel coronavirus and other matters that the US-China trade deal is not as important to him as it once was, reported Reuters. Speaking on Fox News Channel, Kudlow said the US-China “Phase 1” trade deal […]
China has continued making progress on implementing agriculture-related provisions in the two sides’ phase-one trade deal signed in January, two US government agencies said, even as tensions have escalated between the pair in other areas, reported Caixin. Multiple US agriculture products, including blueberries and barley and other forage related products, as well as California Hass […]
China has asked trading firms and food processors to boost inventories of grains and oilseeds as a possible second wave of coronavirus cases and worsening infection rates elsewhere raise concerns about global supply lines, reported Reuters. Both state-run and private grain traders as well as food producers were urged to procure higher volumes of soybeans, […]
US President Donald Trump ruled out any renegotiation of a trade deal Washington and Beijing reached in January, arguing that Chinese negotiators would only want any changes to benefit their side, reported the South China Morning Post. When asked about a report in which China said it would like to reopen negotiations on the trade deal at […]