Egg Industry News and Commentary

  —  Apr 19

 
Bilateral Trade Between China and the U.S. to be Negotiated

    

According to a Dow Jones Factiva April 10th posting the trade discrepancy between the U.S. and China is a source of irritation to the current Administration.

Pre-election rhetoric stridently accused our trading partner of currency manipulation and emphasized that Chinese companies receive benefits from the government to be more competitive against U.S. and EU suppliers. Although President Donald Trump has been more accommodative of late, issues of concern will be subject to bilateral negotiation.

  

On Friday, April 7th, Commerce Secretary, Wilbur Ross, noted “given the range of issues and the magnitude, a 100-day plan may be ambitious but it is a very big change in the pace of discussion. He added “I think that’s a very important symbolization of the growing rapport between the two countries.”