China Trade Still Has Problems
Despite the goodwill expressed with diplomatic gestures, during Chinese Vice President Xi Jinping’s visit to the farm belt last week, the world’s two largest economies still have thorny disagreements over agricultural trade to resolve. U.S. ranchers have been frustrated by Chinese officials’ continued rejection of American beef despite their acknowledgement that there’s a growing market for the meat.
China stopped buying U.S. beef in 2003, after questions about animal health. But the Office of the U.S. Trade Representative noted U.S. beef has officially met international scientific guidelines for more than four years. Donald said about 22 issues, including concerns about mad cow disease, have been cited for the continued ban.
Still, U.S. Meat Export Federation President and CEO Philip Seng says – only good outcomes are to be expected. Seng says – so often, meetings of this nature are conducted to resolve disputes. The tone of this meeting was forward-looking and underscores a spirit of cooperation. He says – the atmosphere was favorable to the desired outcome of partnership and collaboration.