nav Searchuser
Maxunitech Inc.
Beijing Multigrass Formulation Co., Ltd.

Positive movement reported in China/U.S. trade deal negotiationsqrcode

Nov. 5, 2019

Favorites Print
Forward
Nov. 5, 2019
China is offering new hope that the "phase one" trade deal that's supposed to be a boon for U.S. ag exports can be finalized and signed this month. High-level U.S. and Chinese trade officials continued trade talks Friday and were able to reach a "consensus on principles," according to a statement released Friday by China's Commerce Department.
 
The negotiators, including U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, moved on to begin discussing phase two, the Chinese said.
 
Meanwhile, President Trump on Friday threw out a possible new location where he and Chinese President Xi Jinping could sign the pact: Iowa.
 
Trump and Xi were hoping to sign the phase one deal at an Asia Pacific Economic Cooperation summit in Santiago, Chile, Nov. 16-17, but the event was canceled because of massive street protests.
 
"I don't think we're looking at a long delay," USDA trade undersecretary Ted McKinney said about the loss of the Santiago venue. "I don't get a sense that either president wants to delay this ... Both want to get it done."
 
Source: Agri-Pulse

Picture 0/1200

More from AgroNews

Magazine

Annual Review 2019 2019 CRO & CRAO Manual
2019 Market Insight Chinese issue of 2019 Market Insight
2019 India Pesticide Suppliers Guide 2019 Biologicals Special
Subscribe Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.