Treasury Secretary Steven Mnuchin said Sunday that the United States and China are stepping back from a possible trade war after two days of talks that produced "meaningful progress."
President Donald Trump’s chief Nafta negotiator said the U.S., Canada and Mexico are "nowhere near close to a deal" to update the region’s 24-year-old free-trade pact.
President Donald Trump said talks on a revised NAFTA are “doing very nicely” as ministers from the U.S., Mexico and Canada meet in Washington to try to push for an agreement by early May.
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.