The Office of the U.S. Trade Representative held a hearing this week on the Phase One Trade Agreement with China, negotiated during President Trump’s first term. U.S. Meat Export Federation President and CEO Dan Halstrom said the initial trade agreement delivered tremendous benefits for the U.S. beef industry. He added American beef exports to China…
Germany’s finance minister said Thursday Beijing had made a “clear” commitment on ensuring rare earth supplies, following the first visit to China by a minister from Chancellor Friedrich Merz’s government. Germany and China have long had deep economic ties, but those have frayed in recent times over issues ranging from claims of unfair trade practices to…
China agreed to purchase US soybeans and other agricultural products as part of an agreement reached by the countries’ leaders on Oct. 30. Treasury Secretary Scott Bessent said China will start by purchasing 12 million metric tons (mmt) of soybeans from the U.S. between now and January, then purchase 25 mmt of US soybeans annually…
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Plying everything from handbags to salt in a cavernous Shanghai exhibition hall, US exporters hit by the trade war with China said Thursday they hope improving bilateral relations will bring much-needed stability. After spending much of this year in a tit-for-tat tariff escalation, the United States and China have agreed to walk back from some…
Chinese leader Xi Jinping met South Korean counterpart Lee Jae Myung on Saturday, after taking centre stage at an Asian summit in the wake of US leader Donald Trump’s departure. The talks on the sidelines of the APEC gathering came the final day of Xi’s first trip to South Korea in over a decade, and…
Wall Street’s major indices pushed higher on Tuesday, a day after striking record highs on optimism over a reduction in US-China trade tensions. “Record highs yesterday for the major indices weren’t enough,” said Briefing.com analyst Patrick O’Hare. “The market is coming back for more this morning, heartened by recent earnings reports, visions of a rate…
The world today is more unsettled and volatile than ever. The war in Ukraine has become Europe’s largest conflict since World War II. Tensions between Israel and Iran cast a heavy shadow over the Middle East. Taiwan issues spark new threats almost daily. The gap between Europe and the United States is becoming increasingly evident….
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Trade negotiations continue to be an important and complex issue for agriculture with recent weeks bringing new agreements and ongoing negotiations between the United States and China. The United States has announced several new trade agreements, including a deal with Japan July 22 and a deal with the European Union July 27. Cornell University ag…