Hopes for trade breakthrough fade as China cancels Montana farm visit…

via Reuters:

We are primarily funded by readers. Please subscribe and donate to support us!

WASHINGTON/CHICAGO, Sept 20 (Reuters) – A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly canceled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiations in Washington.

Chinese officials were expected to visit U.S. farmers next week as a goodwill gesture, but canceled to return to China sooner than originally scheduled, agriculture organizations from Montana and Nebraska said.

The United States had removed tariffs overnight from over 400 Chinese products in response to requests from U.S. companies.

The Chinese Embassy and the U.S. Department of Agriculture did not immediately respond to requests for comment.

The U.S. Trade Representative’s office issued a brief statement characterizing the two days as “productive” and that a principal-level trade meeting in Washington would take place in October as previously planned.

GOLDMAN SACHS: GET READY FOR WILD OCTOBER

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.