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