President Donald Trump’s trip to Asia is helping to buffer business deals to buy U.S. goods, including more than $1 billion in beef and pork.
19 business agreements were forged between the U.S. and China, valued at $9 billion.
Trump’s stance on China is appearing to soften compared to the harsh disapproval he voiced during his presidential campaign. At a meeting with Chinese President Xi Jinping, Trump praised China’s trade surplus, saying China wasn’t at fault for “taking advantage” of other countries.
These agreements come amid strained ties between the world’s two biggest economies with Washington accusing Beijing of backsliding on marketing opening promises and unfair trade practices.
The U.S. delegation to Beijing, led by Secretary of Commerce Wilbur Ross, included a number of agricultural, energy, and environmental firms.
“Today’s signings are good examples of how we can productively build up our bilateral trade,” said Ross.
Later this week, the White House is expecting to announce nearly $250 billion in business deals in China, some directly related to U.S. agriculture.
Hear China's pans to buy more protein from the U.S. on AgDay above.