Scores of U.S. ag interests have written President Donald Trump, urging him to give China time to fulfill Phase One farm purchase commitments.
“As you know, the U.S.-China Phase One Trade Agreement is critical to both the near - and longer-term success and growth of American agriculture — and the millions of American jobs the agricultural sector sustains,” more than 180 organizations and companies said in a 13-page letter to the White House detailing benefits and status of the agreement for U.S. farm products.
“While the current pace of U.S. agricultural exports to China is below the pace needed to meet the Phase One goals, American farmers, ranchers, and rural communities remain optimistic that the purchases under this agreement will accelerate and be fulfilled by China, and that as a result, the American agriculture sector will enjoy important market opportunities,” the letter added.
China has not yet asked for an extension of their purchase commitment timeline, but trade sources have indicated that could become a reality.
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