Experts analyze the stability of the trade deal as China ramps up imports of Brazilian soybeans.
China has committed to return orders of US soybean exports to previous levels.
Sens. Ted Budd and Rep. David Rouzer urged President Trump to prioritize NC flue-cured tobacco as China halts purchases, threatening millions in farm exports.
China has placed no orders for new-crop soybeans this marketing year (which began Sept. 1), Charles Hall of the NC Soybean Association told CJ in a recent interview.
As a result of the tariffs, North Carolinians pay more in taxes and face a shrinking market for their exports, while China and its allies have become more resilient.
China is the second largest buyer of NC soybeans, at $16.9 million.
Recently negotiated trade deals bring a 90-day respite to the trade war, with time to negotiate for a long-term deal.
In latest trade-war move, China slashes pork and soybean exports, directly impacting NC farmers.
It’s no secret that the competition between the United States and China is heating up. The Chinese Communist Party (CCP) is in a position today to challenge the U.S. diplomatically, militarily, and economically across the globe. This challenge presents an existential threat to the American-led international order and is already set to define the 21st...
Exports to China went up last year but exports to our other trading partners, especially in Europe, went up more. The latter didn’t happen because a bunch of politicians set sales quotas.
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