Articles tagged under: China
WSJ-Trade Deal is Close
Published March 4, 2019
The Wall Street Journal is reporting the U.S. and China are close to completing a trade deal. That agreement could be finalized in a summit between President Donald Trump and Chinese President Xi Jinping at the end of this month.…A Potential Lasting Impact of the U.S. China Trade War
Published March 1, 2019
University of Minnesota Grain Marketing Specialist Ed Usset is hopeful soybean trade with China can return to pre-trade war levels, but he is concerned. "I've read the Chinese are revisiting how much soybean meal they need to feed hogs. That's…Tariffs Make Things Complicated for Soybean Growers
Published March 1, 2019
China has made a promise to buy 10 million metric tons of U.S. soybeans, but the trade hasn't seen the purchases come through yet. Minnesota Soybean Growers Association Executive Director Joe Smentek says U.S. farmers have a good product. "I…WTO Rules in Favor of U.S. for Grain Subsidy Complaint
Published February 28, 2019
The World Trade Organization has ruled in favor of the U.S. in a complaint alleging unfair subsidies for Chinese rice and wheat producers. China’s market price support policy artificially raises Chinese prices for grains above market levels, creating incentives for…Lighthizer Testifies on U.S.-China Trade Negotiations
Published February 28, 2019
On Wednesday, U.S. Trade Representative Robert Lighthizer went before the House Ways and Means Committee with the trade relationship between the U.S. and China being the focus. "We are making real progress, but, let me be clear, much still needs…USTR Expresses Hope of a Better China Trade Deal
Published February 27, 2019
Meeting with U.S. Trade Representative Robert Lighthizer, North Dakota Governor Doug Burgum said there is confidence of a trade agreement being reached between the U.S. and China. "However, negotiations aren't over until they are over," explained Burgum. "Lighthizer indicated the…ASA Responds to Chinese Soybean Purchase
Published February 25, 2019
In a statement, American Soybean Association President Davie Stephens said it is good to see U.S. soybeans moving to China again, but the piecemeal commitments do not add up to the damage done by trade retaliation. The ASA leader said…China to Purchase Additional 10 MMT of U.S. Soybeans
Published February 25, 2019
As trade talks continue between the two superpowers, China has committed to another 10 million metric ton purchase of U.S. soybeans. When Chinese Vice Premier Liu He met with President Trump in January, a five million metric ton purchase was…March 1 Tariff Rate Increase Delayed
Published February 25, 2019
The Trump Administration will delay a planned increase in tariffs on Chinese products. The tariff rate increase was scheduled to take affect at the end of this week, but President Trump has tweeted “substantial progress” has been made in the…