Official Debunks Report China Could Buy $70 Billion of U.S. Products
Last week, several major news outlets reporting that during recent trade talks in Beijing, China proposed to buy roughly $70 billion worth of U.S. ag and energy products if the United States lifts its proposed tariffs.
However, some in the administration say that number is flawed.
“I have no idea where that number [possibly $70 billion to $100 billion] came from,” said U.S. Trade Representative (USTR) chief ag negotiator, Gregg Doud.
“That is not a number which has any type of relationship to any kind of conversation that I’ve had. I was the one along with my counter-part Under Secretary [of Agriculture for Trade and Foreign Agricultural Affairs] Ted McKinney.”
AgDay national reporter Betsy Jibben asked, “Is there a number and a list?”
“I think there has been a conversation about that but that $70 billion number is beyond any overall number.”
Doud visited Beijing with the U.S. team earlier in the month to discuss trade issues with China. Doud says there are structural sanitary and phytosanitary policy issues that need to be addressed before the U.S. can export significantly higher amounts of ag products to China.
Jibben talks with Ambassador Doud at the World Pork Expo on AgDay above as well.
Last week, several major news outlets reporting that during recent trade talks in Beijing, China proposed to buy roughly $70 billion worth of U.S. ag and energy products if the United States lifts its
USDA’s cattle on feed report, released at 11:00 a.m. CST May 25, fell mostly in line with trade expectations. Total cattle on feed was estimated at 11.6 million, 5% higher than the May 1, 2017 numbe
U.S. Secretary of Agriculture Sonny Perdue announces the appointment of Carmen Rottenberg and Paul Kiecker to key leadership positions within the U.S. Department of Agriculture’s (USDA) Food Safet
Under the 2014 Farm Bill, a new position was created at the USDA to oversee trade and foreign agriculture issues.
President Trump picked former Indiana Agriculture Director Ted McKinney to fill the
Continuing a 16 month trend of increases the latest Cattle on Feed report showed a year-over-year rise by 7% for April.The feedlot inventory has risen by 5% or more each month since October 2017. The
A checkoff war has farmers and livestock producers caught in the crossfire. USDA, public records laws, redirection, and decertification are snagged in a Gordian knot, and the tangle may impact the ent
Agriculture has been consolidation across nearly every market sector, the one major exception is beef production when it comes to cow-calf and stocker production.According to a recently released U.S.
The House of Representatives has passed an omnibus spending bill for 2018 by a vote of 256-167 and now awaits the Senate. Despite this recent development livestock producers are still waiting to benef
March 20 marks the 45th annual recognition of National Ag Day, a day to recognize all those involved in agriculture.
Farmers, ranchers, growers and all those with their hands in agriculture are using
(Bloomberg) -- In a town where deregulation is king, Sonny Perdue rules. Rather quietly.Perdue is the U.S. secretary of agriculture, running an agency with a $140 billion budget and a low profile. Hi