U.S. agriculture official: Ball in China's court on trade
The Trump administration is in no mood to bow to China on trade, and U.S. farmers should not expect the massive Chinese soybean export market to open up soon, a deputy secretary at the U.S. Department of Agriculture indicated in St. Paul on Tuesday.
"We're in a period right now where it is up to China whether they are going to come back to the table and negotiate in good faith," said Steve Censky during a visit to his native Minnesota. "If we can get a good deal from China, we should take it, but it has to be a good deal. We should not capitulate to China at any price."
Censky said he had been optimistic that an agreement was close at the beginning of May, but China "reneged, backed away from the commitments they had been making" on "market access barriers in agriculture" and intellectual-property rights for foreign companies operating in China.
Censky said China has been a "bad actor" for a long time, that farmers understand that and that what he's hearing from farm groups is the need for free trade but an understanding that the U.S. government must hold firm in negotiations.
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"We're in a period right now where it is up to China whether they are going to come back to the table and negotiate in good faith," said Steve Censky during a visit to his native Minnesota. "If we can get a good deal from China, we should take it, but it has to be a good deal. We should not capitulate to China at any price."
Censky said he had been optimistic that an agreement was close at the beginning of May, but China "reneged, backed away from the commitments they had been making" on "market access barriers in agriculture" and intellectual-property rights for foreign companies operating in China.
Censky said China has been a "bad actor" for a long time, that farmers understand that and that what he's hearing from farm groups is the need for free trade but an understanding that the U.S. government must hold firm in negotiations.
Click Here to read more.