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Groups Respond to China Phase One Trade News

Dan Exports/Imports, Industry News Release, Trade

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NCBA Welcomes First Phase In U.S./China Trade Deal

(NCBA) — National Cattlemen’s Beef Association (NCBA) CEO Colin Woodall issued the following statement regarding today’s announcement that the U.S. and China have agreed to a phase one trade deal:

“The announcement of a phase one deal with China is welcome news for the U.S. beef industry. While we wait to learn more about the details of the agreement, we are optimistic that this positive news will bring long lasting relief to farmers and ranchers who have been targeted with China’s retaliatory tariffs for many months.” said Woodall. “While tariffs grab most of the headlines, China’s unjustifiable non-tariff barriers and restrictions on science-based production technologies must be addressed so that Chinese consumers can enjoy the same high-quality, safe and sustainably-produced U.S. beef that Americans have enjoyed for decades. We encourage the Trump Administration to keep working with China to establish meaningful market access and rules of trade based on market demand and science, most importantly. This is an important step forward and something that both countries must build on for our mutual prosperity. “

Source: National Cattlemen’s Beef Association

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U.S. Farmers Eager to Return to Global Competitiveness

(AFBF) — The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall:

“America’s farmers and ranchers are eager to get back to business globally.  Progress restoring our ability to be competitive in China is a key component of that and this development is welcome news. We appreciate the administration’s initiative and look forward to further progress toward resolving this trade battle.

China went from the second-largest market for U.S. agricultural products to the fifth-largest since the trade war began. Reopening the door to trade with China and others is key to helping farmers and ranchers get back on their feet. Farmers would much rather farm for the marketplace and not have to rely on government trade aid, so today’s news is especially welcome. 

We are eager to learn the details of China’s commitment to purchase more agricultural products. American agriculture has been caught in the trade war crosshairs and it’s time to turn the page. We encourage the administration to continue building on today’s announced progress and aggressively pursue a full trade agreement with China and other partners around the world.”

Source: American Farm Bureau Federation