United States and Chinese negotiators are holding trade talks this week in Washington, D.C. American Soybean Association Board Director and northwest Iowa farmer Brian Kemp is hoping the two countries can work out a deal to end the tariffs and the trade war because it has caused a great deal of economic damage in agriculture.
He says it’s critical any resolution benefits both countries.
Kemp says in the meantime, ASA and the U.S. Soybean Export Council are working to develop additional markets for soybean producers so they’re not so dependent on China.
U.S. China trade talks start Wednesday and time is running out to work out a deal. President Trump set a deadline of March 1 to resolve the dispute or he’ll raise the tariff rate on $200 billion of Chinese imports.
