The Chinese agreed to buy a "not yet agreed upon, but very substantial amount of agricultural, energy, industrial" and other products from the United States to reduce America's huge trade deficit with China.
Face-to-face for more than two hours, President Donald Trump and Chinese leader Xi Jinping engaged in dinner diplomacy Saturday aimed at resolving a trade dispute between the world's two biggest economies .
President Donald Trump orders USTR to consider imposing tariffs on an additional $100 billion in Chinese imports, raising concern the world’s two largest economies were hurtling toward a full-blown trade war.
The White House announced after the markets closed Thursday that Trump had instructed the Office of the United States Trade Representative to consider whether $100 billion of additional tariffs would be appropriate.
President Donald Trump signed off on a so-called phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation.
New Hope Group, one of China's biggest pig breeders, expects the country's hog output to recover from last year's disease epidemic by 2021, while prices will start to fall after a rush of new entrants into pig farming.
U.S. President Donald Trump has shown a penchant for trying to bully America’s trading partners into concessions at the negotiating table. In China, he faces a rising superpower with the economic might to hold its own.
Pork producers are long-term players in agriculture. They want a level playing field and low tariffs so they can export pork to foreign countries, Minnesota pork producer Randy Spronk told Fox & Friends.