Buoying stock prices and industry hopes on Oct. 11, China and the U.S. have agreed to what President Trump called a “very substantial phase-one deal” to take heat out of the trade war that began last year.
(UPDATED, Aug. 14) Sparking a 400-point rally in the Dow Jones Industrial Average, the United States Trade Representative said Aug. 13 the U.S. will delay tariffs on some imports from China until Dec. 15.
With plenty of drama and plot twists, negotiations related to the tomato suspension agreement between Mexican growers and the Department of Commerce are continuing, according to an official with the U.S. agency.
U.S. fruit growers want trade, not aid. While the Trump administration has promised to help farmers hurt by retaliatory tariffs, the kind of help fruit exporters most want is access to tariff-free access markets.