Trade Talks Continue
By Anna-Lisa Laca, FarmJournal's Milk
Oct 30, 2019
As 2019 comes to a close, trade is still at the forefront of farmers’ minds. Will President Trump get a deal done with China? One analyst says yes, and no.
“Will we get a trade deal with China? A partial deal yes. The full deal, dealing with some of the real tough issues. No, I don't think so. We're a long way away from having that happen,” says Arlan Suderman chief economist for INTL FCStone. “I don't think we're going to see that happen but the partial deal that has agriculture and I think yes.”
According to Suderman, there have been new dynamics at play recently that leads him to think some kind of agreement is possible. For example, in October, the Chinese team brought 100 of their negotiators which surprised the U.S.
“They wanted to make sure if something came up they had the right person there to deal with it,” he explained.
Another difference this time around was the mood and reporting of the China state press.
“While they were here in Washington the China state press back home was starting to publish stories trying to prepare the people for how a trade agreement would be positive for China,” he says.
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