USTR To Investigate China’s Compliance With Phase I Commitments

The U.S. Trade Representative’s Office (USTR) announced today it will investigate China’s compliance with the 2020 Phase I trading commitments it made with the U.S. that had the goal of leveling the playing field for trade between the two countries. This announcement takes place as the leaders of the two countries are set to meet in South Korea in the coming weeks.

In response, the U.S. Grains & BioProducts Council issued the following statement:

“China, while a complex market, has been a top five trading partner with the United States for decades, and when the relationship works, it’s a win-win for all involved. The Council supports the USTR’s move to assess China’s compliance with the Phase 1 agreement because more balanced trade will ultimately benefit U.S. farmers, agribusinesses, and our country as a whole.”