Farm Radio

Details Emerging on the U.S. and China Phase One Agreement Both China and the U.S. officials confirmed on Friday that they’ve reached a “Phase One” agreement. Emerging details show the agreement includes some tariff relief, increased agricultural purchases, as well as structural changes to intellectual property and technology issues. However, a CNBC report says some details of the partial accord between the world’s two largest economies remain cloudy. As Chinese officials briefed reporters of some details on Friday morning, President Trump also announced some of the terms of what he called an “amazing deal.” The U.S. does plan to eliminate tariffs on multiple Chinese goods in stages, which was a priority for Chinese negotiators. Details on when that would take place weren’t announced. Trump announced that the U.S. would cancel its next round of tariffs on Chinese goods that were scheduled to go into effect over the weekend. Via Twitter, Trump announced the White House will leave 25 ...

WASHINGTON- House Agriculture Chairman Collin Peterson and House Agriculture Subcommittee on Livestock and Foreign Agriculture Chairman Jim Costa released the following statements today following the announcement of a deal between House Democrats and The White House on United States-Mexico-Canada Agreement (USMCA). “I have been pushing for months to get this deal to the finish line, and this announcement is great news for farmers, businesses and workers, in Western Minnesota and nationwide,” said Peterson. “The threat of leaving NAFTA without a deal would have been devastating, and this deal provides needed certainty for our producers. This agreement makes updates to how the three countries will address biotechnology, and sanitary and phytosanitary (SPS) issues. The USMCA also preserves the market our farmers are currently accessing while making modest gains for our dairy, poultry, and wheat growers in the Canadian market. Rural America has faced many hurdles and challenges with thes...