Ag Secretary Sonny Perdue says President Trump wants a “phase one” deal with China that works for the United States. “The president wants to come to a deal that’s enforceable, that’s reliable, and will be consistent with what the deal says,” Perdue said on CNBC.
His appearance on CNBC happened shortly after a Bloomberg report said that the U.S. and China were edging closer to wrapping up an agreement before new U.S. tariffs go into effect December 15th on more Chinese imports. During the NATO summit this week, Trump told reporters that trade talks with China are going well, but also said he might want to delay a deal with China until after the 2020 presidential election.
Beijing and Washington have taxed each other’s goods with billions of dollars in tariffs, hitting farmers especially hard. Nearly $20 billion in U.S. agricultural exports went to China last year alone.
Perdue reiterated administration concerns that China won’t follow through on what it promises in the agreement.