The Trump Administration is beginning trade negotiations with Japan, the European Union and United Kingdom. That’s on top of a bilateral trade agreement with South Korea and the new U.S.-Mexico-Canada Agreement. The American Soybean Association welcomes this move and encourages the Administration to add Vietnam and Indonesia to the list. While there is momentum with these free trade deals, ASA says this business won’t offset the lost exports to China. In a statement, ASA said the trade war with China needs to be settled.
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