Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives
You are here: Home >news >China Trade Deal Greeted with Ambivalence

China Trade Deal Greeted with Ambivalence

2020-01-16 foodprocessing

Tag: food products China trade deal

Share       

A new trade deal will likely increase U.S. farm exports to China, but some agricultural experts are wary about the long-term effects.

The deal, signed Jan. 15, requires China to buy an additional $200 billion worth of American goods over the next two years. about $32 billion of that will be agricultural goods, including pork, soybeans and wheat. In addition, China is relaxing rules on inspections, licensing and registration that have served as barriers to U.S. exports of pet food, seafood, dairy products and other food products.

While some farm groups celebrated the deal, others were concerned that it didn’t specify trade policy beyond the end of 2021.

“This deal does not end retaliatory tariffs on American farm exports, makes American farmers increasingly reliant on Chinese state-controlled purchases and doesn’t address the big structural changes the trade war was predicated on achieving,” a spokesperson for Farmers for Free Trade told the Wall Street Journal.

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121  沪公网安备31010402001403号

Inquiry Basket

Inquiry Basket

Buyer service

Buyer service

Supplier service

Supplier service

Top

Top