trade war

Sandison Hopeful Trade Climate Will Improve
Sandison Hopeful Trade Climate Will Improve
Sandison Hopeful Trade Climate Will Improve
Many in the Ag industry are trying to prepare for life to return to normal once the pandemic is behind us. One of the best ways to do that, according to Washington state Department of Agriculture director Derek Sandison, improve trade. “If we can get back into the mode at looking at expanding markets, whether it’s Vietnam, Indonesia, or some other areas of the world that are showing interest in d
Trade Policy will be a Big Topic on Thursday
Trade Policy will be a Big Topic on Thursday
Trade Policy will be a Big Topic on Thursday
Trade policy is expected to be front-and-center this week as the Senate Finance Committee considers President Biden’s nominations for the U.S. Trade Representative and the number two Treasury official. Wally Adeyemo is the nominee for Deputy Treasury Secretary, and Katherine Tai is the USTR nominee. How ...
China Surpasses U.S., Becomes EU’s Biggest Trading Partner
China Surpasses U.S., Becomes EU’s Biggest Trading Partner
China Surpasses U.S., Becomes EU’s Biggest Trading Partner
New data from the European Union puts China ahead of the United States as the EU’s biggest trading partner. A spokesperson from China’s Foreign Affairs Ministry calls the data “great news for both sides.” 2020 saw China-EU economic and trade ties grow stronger against the COVID-19 pandemic. More than 60 percent o ...
Peterson Institute: China Phase One Deal Falls Short
Peterson Institute: China Phase One Deal Falls Short
Peterson Institute: China Phase One Deal Falls Short
The Peterson Institute calls the China Phase One agreement a “flop” in a Recent Analysis. The analysis said, “Much of the deal was a failure.” Citing China’s pledge to buy $200 billion more of U.S. goods and services over two years, evidence from the deal’s first year shows China was never on pace to meet that commitment. During the trade war, U.S. agricu ...
Biden to Approach China with “Strategic Patience”
Biden to Approach China with “Strategic Patience”
Biden to Approach China with “Strategic Patience”
The Biden administration will approach economic and trade relations with China with “strategic patience.” The administration is starting to review current policies, including reviewing tariffs, but that doesn’t mean Biden favors removing tariffs. Earlier ...
NAFB Hopes Phase I Continues
NAFB Hopes Phase I Continues
NAFB Hopes Phase I Continues
The American Farm Bureau Federation says China has been a boon to U.S. farm commodity prices for several months. Now the organization is hopeful President Biden’s Ag and trade teams follow through and preserve the Trump Phase I deal and consider a Phase II agreement. AFB ...
China Hopeful for Better U.S. Relations with Biden Administration
China Hopeful for Better U.S. Relations with Biden Administration
China Hopeful for Better U.S. Relations with Biden Administration
Now that Joe Biden is President, China is hopeful relations with the U.S. can improve. A Chinese government official stated Wednesday, “We are committed to developing a relationship with the United States.” A relationship that would include trade relations following the trade war during the Trump Administration. Last we ...
AFBF: Farm Economy Shows Signs Of Improvement
AFBF: Farm Economy Shows Signs Of Improvement
AFBF: Farm Economy Shows Signs Of Improvement
2021 is starting off with some bright spots for farm country, which has led to some early year optimism for the Ag economy. American Farm Bureau Federation Chief Economist John Newton said trade with China is certainly a highlight. “Recently released data from the U.S. Ce ...

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