McLeod County, MN | Came across this article this evening:
https://www.nytimes.com/2019/01/30/business/us-china-trade-talks-trump-tariffs.html
Trump administration officials have signaled that the negotiations are narrowing around a smaller initial deal that would stave off additional tariffs, but not roll back the duties on $250 billion worth of Chinese imports that Mr. Trump has already imposed. In exchange, China would follow through with promised purchases of American goods and services and some modest economic changes.
For now, both sides appear eager to find areas of agreement, including on purchases of more American goods. China has demonstrated a willingness to address Mr. Trump’s concerns about the United States’ bilateral trade deficit with big purchases of goods and services, like chicken, soybeans and tractors. That is the easy part. More difficult is persuading China to overhaul its economic policies.
China sure seems very willing to pull the trigger on ag products in a big way. |