Tiff With China Continues, How Are Other Trade Deals Moving Along?

11:54AM Aug 05, 2019
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News last week about trade tensions are continuing on Monday.

The stock and agricultural markets still taking a hit on Monday morning after the Trump Administration declared it will implement more tariffs on China. News after China said it is prepared to take action back on the United States.

Bloomberg reporting China has asked its state-owned enterprises to suspend imports of U.S. agricultural products because of it. 

In addition, Washington D.C. may look a little quiet now since Congress is at recess but the city was buzzing last week.

That’s because trade agricultural negotiators flew around the world to discuss trade deals. The Administration announcing Friday the U.S. and the E.U. have an agreement on a trade deal with U.S. beef.

However, has there been any progress on other trade deals? With the markets swinging up and down during Monday's trading session, what is happening?

AgDay and U.S. Farm Report reporter Betsy Jibben has the story.

USFR080319 - FJR