American Soybean Association President Davie Stephens said on Tuesday.
President Donald Trump threatened in a tweet on Sunday to increase tariffs.
Stephens, a grower from Clinton, Kentucky, said that US farmers are in a tough situation, and with depressed prices
and unsold stocks forecast to double before the 2019 harvest begins in September, farmers urgently need the China market.
“We need a positive resolution of this ongoing tariff dispute, not further escalation of tensions,” he said in a release posted on the ASA web site.
Nicole Kaeding, vice-president of federal and special projects at the Washington-based Tax Foun
dation, said that if the Trump administration follows through on the president’s threat, it’s US taxp
ayers, not Chinese taxpayers, who will pay the price — thanks to higher prices and fewer job opportunities.
tween China and economies related to the Belt and Road Initiative ex
ceeded $130 billion between 2013 and 2018, injecting new growth momentum into BRI-rela
ted countries and contributing to recovery of the global economy, senior Chinese officials said on Monday.
China’s direct investment in BRI-related countries grew by 5.2 percent a
nnually on average to surpass $90 billion between 2013 and 2018, Song Lihong, an officia
l in the Ministry of Commerce’s Comprehensive Department, said at a news conference.
Song said that in the same period, China had received a total of
$40 billion in inbound investment from BRI countries as two-way investment deepened.
Within the five years, the value of the projects completed
by Chinese companies in BRI economies amounted to $400 billion, Song said.
The value of trade in goods between China and BRI-related economies exceeded $6 trillion in the same period, an av
rage annual growth of 4 percent, higher than the overall growth of China’s foreign trade, he added.
short delay to Brexit is possible, but will be conditional on the House of Commons passing the Withdrawal Agreement.
“The question remains open as to the duration of such an extension,” Tusk, the President of the European Council, said.
Tusk said he spoke to Theresa May on the phone earlier this afternoon.
“May’s proposal of the 30 June, which has its merits, creates a series of questions of a leg
al and political nature,” he added. “Leaders will discuss this tomorrow.”1 hr agoDona
ld Tusk speaking nowThe President of the European Council, Donald Tusk, is giving a press conference in Brussels.
1 hr 9 min ago
MPs surprised by “downright reckless” strategy, Starmer says
dow Brexit Secretary Keir Starmer has opened the emergency debate into the Brexit delay by quoting Ther
esa May’s de facto deputy David Lidington, who said last week that if May’s divorce deal was not passed by parl
iament, seeking “a short and, critically, one-off extension would be downright reckless.”
Starmer says those statements led MPs to believe that May would reques
t a long extension if she hadn’t passed her plan — but May has asked for a delay only until June 30.
He adds that the confusion is symptomatic of May’s Brexit strategy to date — to “put parliament as far away as possible from the process.”