Chinese Purchases Well-Below Phase One Trade Commitments
Now with just four months left to go, it appears the Chinese will not be able to completely fulfill their commitments for buying U.S. agricultural goods as part of the Phase One agreement.
phase one agreement
Phase One Trade Deal Helps Cotton Hit $1
For the first time in ten years, U.S. cotton futures soared past the $1 mark on Tuesday, in part due to good export demand, especially from China.
Phase One Trade Deal Now in Final Quarter
With just over five months remaining in the Phase One Trade Agreement, the Peterson Institute for International Economics says the negotiated purchase of agricultural products from American producers is under the commitment made by the Chinese.
Buoyed by Chinese Buying, U.S. Wheat Exports Strong
As China continues to ramp up its purchases of U.S. ag products to meet their Phase One trade agreement with the United States, some growers are experiencing higher prices for their raw commodities.
Despite Recent Rally, China’s Phase One Purchases Sputtering
As the Phase One Trade Agreement between the United States and China concludes its first year, the Peterson Institute for International Economics says China’s purchases of all covered products are below the year-to-date target.
Despite Missing Mark, Chinese Ag Purchases Still Impressive
The Phase One trade agreement between the United States and China has U.S. farmers reaping rewards sown through a two-year trade war with the communist country.
Chinese Ag Purchases Lag Implied Phase One Levels
According to the Peterson Institute for International Economics, China’s total imports of covered products from the United States were $100 billion, compared with the target of $173 billion.
U.S. Rice Producers Claim Major Victory in China
Eight months after signing the Phase One Trade agreement, the United States and China are celebrating the first-ever commercial shipment of U.S. grown rice to China.
Phase One Trade Deal Lifting Sorghum Prices Higher
China’s announcement of tariff exclusions following the Phase One agreement had an immediate impact on U.S. sorghum exports.