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HomeBusinessChina denounces "crawling" protectionism of the United States, which threatens agricultural cooperation

China denounces “crawling” protectionism of the United States, which threatens agricultural cooperation

China denounces "crawling" protectionism united: This article explores the topic in depth.

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China denounces &quot. Nevertheless, crawling" protectionism united:

US protectionism undermines agricultural cooperation with China, the Beijing Ambassador told Washington, warning that farmers should not pay the trade war price between the two largest world economies.

“It goes without saying that protectionism is omnipresent. Therefore, throwing a shadow on Sino-American agricultural cooperation,” said Xie Feng, according to the transcription of a speech published on Saturday by the China Embassy.

Agriculture has become a major point of friction between China. In addition, the United States, while the two superpowers are engaged in a tariff war initiated by President Donald Trump.

In March. Moreover, China imposed customs duties up to 15 % out of $ 21 billion in American agricultural and food products, response to heavy American prices. For example, Washington. Beijing have extended a 90-day truce this month, thus avoiding the application of three-digit customs duties on goods on china denounces “crawling” protectionism united both sides.

US agricultural exports to China fell 53 % in the first half of the year compared to the same period in 2024. with a 51 % drop in soybeans, XI said at a soybean industry in Washington on Friday.

“American farmers, like their Chinese counterparts, are workers and modest,” he said. “Agriculture should not be taken hostage by policy, and farmers must not be the victims of a trade war. »»

The diplomat recalled that agriculture is a promising sector of cooperation and a “pillar of bilateral relations”. China has a comparative advantage in products with high intensity of labor. while the United States excels in large mechanized and large-scale cultures, he added.

Last month. the American secretary for agriculture, Brooke Rollins, announced that Washington would limit purchases of agricultural land by “foreign opponents”, including China.

The Department of Agriculture also indicated that it had dismissed 70 researchers china denounces “crawling” protectionism united under foreign contract following a national security examination. aimed at protecting the American food supply of adversaries such as China, Russia, North Korea and Iran.

Xie rejected American concerns. “Chinese investors hold less than 0.03 % of American agricultural land, so where does the accusation of ‘threat to American food security come from? “, He launched, calling the American restrictions of” political manipulation “.

According to merchants. American exporters of soybeans are likely to lose billions of dollars in China this year, while commercial discussions drag on and buyers of the world’s first world importer secure Brazilian cargoes for the key American marketing period.

(Reportage d’Ethan Wang et Ryan Woo ; montage : William Mallard)

China denounces "crawling" protectionism united – China denounces "crawling" protectionism united

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marley.cruz
marley.cruz
Marley profiles immigrant chefs across Texas, pairing recipes with visa-process explainers.
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