Off The Wire
U..S can quickly recover lost farm trade to China once deal clinched: Ag Secy
WASHINGTON (Reuters) - The United States will be able to quickly recover lost markets for U.S. farm products to China once Washington and Beijing clinch a trade deal, U.S. Agriculture Secretary Sonny Perdue said on Thursday.
He said that China has pledged to purchase “significant” quantities of U.S. agricultural products, but that “those proposals are all contingent upon a grand deal” that must include Chinese assurances on intellectual property issues.
“I think if we could get those types of assurances regarding China taking intellectual property theft seriously, then we could see a renewed and expanded agricultural trade,” he told reporters on the sidelines of the U.S. Department of Agriculture’s annual forum in Washington.
Reporting by Humeyra Pamuk; Writing by Richard Valdmanis; Editing by Chizu Nomiyama