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China, US can find common ground in agriculture trade, official says

Although Donald Trump’s re-election likely means rocky US-China trade, a US official has named agriculture as one area of cooperation

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A US agricultural official has named the farming sector as a ripe area for trade with China, despite cloudy prospects for the broader bilateral relationship. Photo: Reuters
Mandy Zuoin ShanghaiandRalph Jenningsin Hong Kong
China remains an attractive market for the United States, a high-level US agricultural official said, calling the farming sector a “big success story” despite an uncertain future for the bilateral relationship after the re-election of Donald Trump.
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“We think we can double our current level of [agricultural] exports to China, particularly if unjustified barriers are removed to our products,” said Jason Hafemeister, an acting deputy undersecretary of the US Department of Agriculture (USDA), in an interview on Thursday during an ongoing trade fair in Shanghai.

Refusing to “speculate” on the policies the next administration may enact, he called on Chinese authorities to reform tariffs, health certification for imports and registration mandates on US agricultural products to ease the flow of goods.

Trump won a second presidential term on Tuesday after campaigning to, among other trade escalations, impose a 60 per cent tariff on all Chinese goods.

China is foreseeing more economic headwinds in the coming Trump term, which could prompt more retaliatory measures to combat potential tariff increases and tech restrictions from Washington.

There’s a natural fit between the US and China ... Agriculture has been a very big success story
Jason Hafemeister, US Department of Agriculture

Harley Seyedin, president of the Guangzhou-based American Chamber of Commerce in South China, said US businesses still expect dividends from the election outcome.

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