Insight Report 6 minutes PremiumUS-China Trade Issues: As Trade Talks Resume, Is a Resolution In Sight? Coresight Research July 10, 2019 Executive SummaryWe look at recent developments in the US-China trade dispute and implications for agriculture. On June 29, US President Donald Trump and Chinese President Xi Jinping met on the on the sidelines of the G20 summit and agreed to resume trade talks, leading to a temporary truce. The US committed to not levying additional tariffs on the $250 billion worth of Chinese imports already subject to a 25% levy, not to impose taiffs on a further $300 billion worth of Chinese goods that had previously been threatened with tariffs and a softened stance on Huawei. China promised to increase agricultural product purchases from the US. On July 4, China announced its position that all existing (additional) US tariffs must be removed as part of a deal, but the US insists some must remain as leverage to ensure China follows the terms of the deal. As a result, US agricultural exports are projected to fall some $1.9 billion in 2019, led by declining sales to China. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 29: UK Closures Up 91%Retail Shrink and ORC: Spotlight on Shoplifting—Theft Rates and Responses in the US and the UKFood Insecurity in the US: Five Key TrendsRetail Shrink and ORC: Is Self-Checkout on the Way Out? US Retailers Scale Back To Fight Theft