News
Progress being made in U.S.-China talks despite delay in announcing deal
USDA Trade Undersecretary Ted McKinney
says progress is being made in U.S.-China trade talks even though a deal won’t
be announced this month.
“We need a little bit more time,” he says. “We’re making progress- all of us across all these chapters, but we’re going to have to go a little past March the 30th to get this where we can confidently say we have both parties a good package.”
He says a trade deal will include enforcement language to hold China accountable.
Ag Secretary Sonny Perdue says China
has agreed to make ag commodity purchases once a deal is reached.
“China has laid on the table some very attractive numbers regarding ag purchases, but we’re still in the negotiation phase and I don’t want to raise expectations if we’re not able to come to an agreement,” he says.
Perdue says enforceability over
intellectual property and other non-tariff barriers would be good for
agriculture and the U.S. economy.
