Reaction from U.S. agriculture and its stakeholders across the country is positive regarding the “Phase One” trade deal between the U.S. and China.
Colin Woodall, CEO of the National Cattlemen’s Beef Association, says the agreement is welcome news for the U.S. beef industry.
“We’re optimistic that this positive news will bring long-lasting relief to farmers and ranchers who’ve been targeted by China’s retaliatory tariffs for many months,” Woodall says. “China’s unjustifiable non-tariff barriers and restrictions on science-based production technologies must be addressed as part of this agreement.”
Zippy Duvall, President of the American Farm Bureau, says farmers are looking forward to getting back to business around the globe.
“China went from the second-largest to the fifth-largest market for U.S. agricultural products since the trade war began,” Duvall says. “Reopening the door for trade with China and other countries is key to helping farmers and ranchers get back on their feet.”
Senate Finance Chair Chuck Grassley of Iowa says easing tensions and lowering tariffs are welcome news.
“This paves the way for a broader agreement that must address non-tariff barriers and intellectual property issues,” Grassley says.
U.S. Wheat Associates and the National Association of Wheat Growers say they’re looking forward to learning more about the agreement.