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.

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 …

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.

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 ...

Jan 28, 2025 · Private exporters reported the following sales activity for MY 2024/2025: 132,000 MT of soybeans for delivery to China and 135,000 MT of corn for delivery to Taiwan. January 14, 2025 Export Sales Announcement

Dec 22, 2021 · The immediate impact of CPTPP membership for China's agricultural trade is expected to be minimal. China has already reached free trade agreements (FTA) or regional trade agreements with 9 of the 11 CPTPP members. China would be required to negotiate with each of the member countries and obtain consent to join the CPTPP. Mexico and Canada are ...

Dec 29, 2020 · 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

China is the world’s largest pork market with imports of $6.4 billion in 2019. The EU and the United States are the top suppliers, with market share of 63 percent and 16 percent in trade value, respectively. Brazil, which did not start shipping substantial quantities of pork products to China until 2016, quickly rose as the third largest pork

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 ...

Dec 30, 2021 · The U.S.-China (Phase One) Trade Agreement continues to support U.S. food and agricultural exports to China (notably soybeans, pork, corn, and beef). China extended the tariff exclusion process to waive Section-301 retaliatory tariffs on imports of U.S. agricultural products to the end of 2021, and implementation of the exclusion has been smooth.