trade deal

Perdue tempers optimism on ‘phase one’ ag sales to China

Five weeks after saying he was hopeful China would import $36.6 billion of U.S. food, agricultural and seafood products this year, Agriculture Secretary Sonny Perdue is less certain the target will be met. A spate of sales to China during August and September has raised hopes in farm country that the goal, set in the "phase one" trade agreement, would be met despite a slow start.

Press China to buy more, farm groups say to Trump

The "phase one" trade agreement with China could be the foundation of rural and food-sector prosperity, said 192 farm and agribusiness groups in a letter to President Trump on Tuesday that called for timely implementation of the pact, signed five months ago at the White House.

Limited initial impact on U.S. ag exports from China deal

The “phase one” China-U.S. trade agreement, which takes effect at the end of this week, calls for China to buy $40 billion a year of U.S. food, agricultural, and seafood products this year and in 2021. Yet there will be limited immediate impact on U.S. sales overall, USDA analysts indicated on …

Coronavirus will delay sales boom to China, says Kudlow

The “phase one” trade agreement that calls for China to triple its purchases of U.S. farm exports “will take longer” because of the Wuhan coronavirus, said White House economic advisor Larry Kudlow on Tuesday. The coronavirus epidemic has disrupted trade and travel. …