U.S. President Donald Trump said he thinks a conversation he had with China’s President Xi Jinping has had an impact on U.S. beef exports to China, where American exporters are now selling “a lot” of beef.
As the political discussions continue, it’s important to not lose sight of the basic economic principles that are the foundation for all trade.
China buys Washington-grown cherries, apples and pears, which are all included in the trade dispute.
Brazil Soybean Rally Signals China Already Spurns U.S. Imports
First, the United States imposed a tax on Chinese steel and aluminum. Then, China counterpunched Monday with tariffs on a host of U.S. products, including apples, pork and ginseng.
There's a palpable sense of unease in Iowa that new Chinese tariffs could threaten residents' livelihood which is heavily agriculture.
Nearly a year after President Donald Trump first threatened the U.S. trade agreement with South Korea, a new pact, in principle, is in place.