USDA and USTR Announce Progress on Implementation of U.S – China Phase One Agreement 

WASHINGTON, February 25, 2020 – U.S. Secretary of Agriculture Sonny Perdue and United States Trade Representative Robert Lighthizer announced today that China has taken numerous actions to begin implementing its agriculture-related commitments under the landmark U.S.-China Phase One Economic and Trade Agreement on schedule. The agreement entered into force on February 14, 2020.
These actions include:

In addition, China has begun announcing tariff exclusions for imports of U.S. agricultural products subject to its retaliatory tariffs (Tariff Exclusion Process Announcement), and it announced a reduction in retaliatory tariff rates on certain U.S. agricultural goods (Tariff Rate Adjustment Announcement). These types of actions will facilitate China’s progress toward meeting its Phase One purchase commitments.
“President Trump and this Administration negotiated a strong trade agreement with China that promises significant benefits for American agriculture,” Secretary Perdue said. “We look forward to realizing these benefits this year and are encouraged by progress made last week. We fully expect compliance with all elements of the deal.”
Ambassador Lighthizer said, “President Trump signed the Phase One agreement a little more than a month ago and we are already seeing positive results. Under the President’s leadership, we will ensure the agreement is strictly enforced for the benefit of our workers, farmers, ranchers and businesses.”

By Brian Allmer - The BARN

Brian Allmer & the BARN are members of the National Association of Farm Broadcasting (NAFB), the Colorado FFA Foundation, the Colorado 4H Foundation, the Colorado Farm Show Marketing Committee, 1867 Club Board Member, Denver Ag & Livestock Club Member, the Weld County Fair Board, the Briggsdale FFA Advisory Council, Briggsdale 4H Club Beef Leader & Founder / Coordinator of the Briggsdale Classic Open Jackpot Show.