St. Louis, MO - Reports of a partial agreement came yesterday after a week of meetings between the Trump Administration and Chinese officials. ASA is hopeful this "Phase 1" agreement will signal a deescalation in the ongoing U.S.-China trade war.
While it’s good news to hear the U.S. and China have reached a partial agreement in this conflict, ASA is still awaiting additional information on the initial agreement, and the potential impact on U.S. soy growers. We remain hopeful this is a step toward rescinding the tariffs and helping restore certainty and stability to the soy industry.
