China Phase One Agreement - USDA Foreign Agricultural Service
Oct 3, 2024 · In 2020, the United States and China reached an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s economic and trade regime in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange.
Record U.S. FY 2022 Agricultural Exports to China
Jan 6, 2023 · China is the world’s largest soybean importer, accounting for nearly 60 percent of global trade and half of U.S. soybean export value. Greater export value is attributable to higher prices. Average unit values climbed 24 percent this year to $622/ton, driven by a severe drought in South America, war in Ukraine, and a palm oil export ban in ...
China: Poultry and Products Annual - USDA Foreign Agricultural …
Jul 30, 2021 · In 2022, China’s imports of chicken paws (feet) are forecast to reach 800,000 MT. U.S. exports of chicken paws to China have grown dramatically since the United States regained market access for poultry products after the signing of …
China | USDA Foreign Agricultural Service
6 days ago · On October 18, 2024, China notified National Food Safety Standard for Maximum Levels of Contaminants in Food Amendment No. 2 to the World Trade Organization (WTO) under G/SPS/N/CHN/1321. November 6, 2024
Trade Agreements | USDA Foreign Agricultural Service
Oct 3, 2024 · Bilateral and multilateral trade agreements strip away trade barriers, reduce or eliminate tariffs, and promote investment and economic growth. FAS partners with other U.S. government agencies and the private sector to not only negotiate new trade agreements that benefit U.S. agriculture but also to hold our trading partners accountable for ...
China: RCEP Expected to Expand Regional Ag Trade
Mar 2, 2023 · China’s two-way agricultural trade with members of the Regional Comprehensive Economic Partnership increased to $123.5 billion in 2022, one year after the regional free trade agreement came into force. The trade growth is not directly attributed to tariff reductions, most of which are scheduled to reduce over a span of 10 years.
USTR and USDA Release Report on Agricultural Trade between the …
Oct 23, 2020 · China also has substantially ramped up its purchases of U.S. agricultural products. To date, China has purchased over $23 billion in agricultural products, approximately 71% of its target under the Phase One Agreement. Highlights outlined in the report include: Corn: Outstanding sales of U.S. corn to China are at an all-time high of 8.7 million ...
China 2019 Export Highlights - USDA Foreign Agricultural Service
In 2019, U.S. agricultural exports to China totaled $13.8 billion, up from $9.1 billion in 2018. China was the third largest market for U.S. agricultural exports. In 2018, U.S. exports to China decreased due a trade dispute resulting in retaliatory tariffs and slowing economic growth.
China: Impact of RCEP on US Agricultural Exports to China
This is the first trade agreement between China and Japan. The implementation of the RCEP agreement is unlikely to change China’s trade in agricultural products in the Asia-Pacific region and will have a minor impact on U.S. agricultural exports to China in the near future. China: Impact of RCEP on US Agricultural Exports to China
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