The United States and China enjoyed a positive trade relationship in recent years. China wanted U.S. soybeans and Boeing aircraft; the U.S. bought electronics and furniture from China. Trade consultant Dan Pearson, who is a principal with Pearson International Trade Services, does not expect a fast resolution to the current trade dispute. “It is a good time to be patient because I don’t see a quick resolution to these problems,” said Pearson. “One would wish it would happen, but when you look at the resistance on the part of the steel and aluminum producers from giving up those tariffs, the resistance from many people in the administration to do anything that looks like it would favor China; I think it looks like we’re in for a long period of a complicated trade relationship.” Pearson previously served as the chairman of the International Trade Commission. The Minnesota native Pearson was on the program for the Minnesota Food and Ag Summit presented by AgriGrowth.
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