News
China paving the way to implement ag trade commitments
US ag officials say China has taken numerous actions to begin implementing agriculture-related commitments under the phase one US-China trade deal.
“I think China, in the technical aspects, is doing what it needs to do to prepare to fulfill their commitment.”
US Ag Secretary Sonny Perdue and Trade Representative Robert Lighthizer say some of the positive results from China so far include:
China has also announced tariff exclusions for imports of US ag products subject to its retaliatory tariffs as well as a reduction in tariff rates on certain US ag goods.
Phase one of the US China trade deal entered into force on February 14th. Lighthizer says under President Trump’s leadership they “will ensure the agreement is strictly enforced for the benefit of workers, farmers, rancher and businesses.”
Add Comment