U.S. agricultural exports could be at risk in any retaliation over tariffs implemented by the White House, U.S. Secretary of Agriculture Sonny Perdue said on Monday.
Japan stops buying some Chinese rice straw on swine fever risk and the feed is vital for Wagyu. It could result in a supply loss may boost Wagyu price.
China will dispatch teams to inspect 84 meatpacking plants in Brazil to evaluate them for exports to China, Brazil’s Agriculture Ministry said in a statement on Tuesday.
Chinese state media on Monday praised a significant dialing back of trade tension with the United States, saying China had stood its ground and the two countries had huge potential for win-win business cooperation.
China has pledged to buy more U.S. goods to reduce America’s huge trade deficit and help avoid exacerbating a trade war between the world’s two biggest economies.