Grassley: U.S., China Could Reach Agreement in April

March 25, 2019 01:17 PM
 
Sen. Chuck Grassley (R-IA) says if enforcement agreements are nailed down this week, there could be a trade agreement by the end of April.

As negotiation teams make their way to Beijing on Monday, the nation is waiting for a hint that this historic trade war could end soon. Sen. Chuck Grassley (R-IA) says if enforcement agreements are nailed down this week, there could be a trade agreement by the end of April.

“We’ve made a lot of progress on structural reform, like not having companies in the United States have to give technical assistance to the Chinese,” he told AgriTalk host Chip Flory adding that negotiations have also included putting controls on currency manipulations and the Chinese committing to buying more U.S. agriculture products. 

“They’re committed to buying more American products and including more soybeans and they bought more corn than they’ve bought in the last five years, it was announced last week,” he said. “So all those things are good.”

Enforcement is the one snag in deal completion, according to Grassley. 

“We made a deal with the Chinese in 2011. They didn't live up to their agreement, so enforcement is very important,” he said. “So our people are leaving for Beijing right now to get enforcement agreements. If they get enforcement agreements nailed down, will have an agreement by the end of April.”

Despite all the other progress, he said without enforcement you “got nothing anyway.”  

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Comments

 
Spell Check

Dave
Northern, Il, IL
3/25/2019 08:04 PM
 

  Neil, perhaps you should check what the commodity prices were during the Obama administration.

 
 
Kurt Wales
Hereford, TX
3/25/2019 07:04 PM
 

  I thought the first of March was the deadline for this supposed trade deal. They keep blowing smoke while we continue to lose our markets. Grassley is full of just like the rest of this joke of an administration. Unfortunately the jokes on us.

 
 
Neil Knutson
Carlsborg, WA
3/25/2019 07:48 PM
 

  Thank God for Donald Trump. Can you imagine where we would be if we had another Democrat?

 
 

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