The demand is there, and so is the product. There's just one thing stopping American farmers from making deals with Chinese buyers — the massive trade dispute between their countries.
Negotiators from the world's top two economies are meeting in Shanghai to discuss ways to ease their trade tensions, which have irked businesses and governments worldwide. Expectations for a breakthrough are running low.
Although Washington postponed a new round of tariffs on Chinese exports, Beijing has targeted US cars, oil and food. President Donald Trump went on a Twitter tirade after the Chinese announcement.
The European Union has slapped countervailing tariffs on imports of subsidized biodiesel from Indonesia. The southeast Asian country has threatened to retaliate but experts say counter tariffs could be self-destructive.
US President Donald Trump has announced fresh tariffs on an additional $300 billion worth of Chinese goods, starting in September. China has said the tariffs are "not a constructive way" to resolve the trade conflict.
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