The tit-for-tat Battle of Tariffs Depends On China

Since the US and China trade war, the president Trump have to confront the start that agriculture products, such as shade net would be a first-round Chinese target. So the USDA  confronted Beijing over unfair practices or imposed tariffs on Chinese imports, what's more to solve the tit-for-tat battle of tariffs, It's really up to China.

Ron Kirk, who was U.S. trade representative during the Obama era, told Allen separately, "I really feel for our farmers because they paid a price for this tariff foolishness." "Markets are lost already. Don't say forever," said Iowa Senator Charles Grassley during a teleconference. "We can win these back again." The USDA estimated last week that U.S. soybean exports would fall by 250 million bushels annually because of the Chinese tariffs.

Japan and the European Union, accounting for one third of the global economy, signed a trade agreement that eliminates tariffs on almost all of the goods they sell to each other. The agreement includes openings for EU farm plant support net and fishery products in Japan’s consumer market. “We are sending a clear signal that we stand together against protectionism,” said European Council President Donald Tusk.

The agreement will reduce Japanese reliance on the U.S. market. Japan and the EU hope to ratify the agreement so it comes into effect in March 2019. Japan also is part of the so-called TPP11 nations who agreed to a free trade agreement after Trump withdrew the U.S. from the Trans-Pacific Partnership. Japan is the fifth largest market for U.S. farm  anti insect net exports. The four largest customers – China, Canada, Mexico, and the EU – have imposed tariffs on an array of U.S. goods, including food and agriculture products, in response to U.S. tariffs on imported steel and aluminum.