WASHINGTON, D.C. (RFD NEWS)— There are new developments in U.S.-China trade, as the White House has now set a new date for a key meeting between President Donald Trump and Chinese President Xi Jinping.
Officials say the two leaders will meet in Beijing on May 14-15. The original trip was postponed so Trump could remain in Washington and monitor the war with Iran.
The White House also says China’s president is expected to visit Washington later this year, signaling continued dialogue between the two countries.
For agriculture, the meeting is seen as a potential turning point, with markets watching closely for any signals on trade, exports, and future purchasing commitments.
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Input costs are top of mind for farmers, as they contribute to higher prices and smaller profits.
The President’s trip to Asia this week follows a trade mission by the Iowa Soybean Association. Farmers say they were reminded that U.S. soybeans have an international reputation that can be easy to take for granted here at home.
The review signals renewed scrutiny of China’s agricultural trade pledges and could reshape farm export opportunities depending on its outcome.
