Steven Mnuchin

U.S. Trade Representative Robert Lighthizer recently testified before Congress on the Phase One trade deal with China. Lighthizer said implementing the Phase One trade deal is critical for the U.S., while at the same time pointing out that COVID-19 has “unquestionably” slowed progress for both governments. Joe Vacla ...

It’s expected to be a busy week in D.C., and the Ag industry may be in the middle of all of the action.  Congress took a long weekend out of town as soon as a White House Congressional Ball wrapped up Thursday.  The House is expected to cast some key votes this week, starting on Tuesday, and the chamber will likely be in session through Friday.  The House wil...

U.S. legislation supporting Hong Kong protesters didn’t stop China’s trade chief from making a phone call recently to invite U.S. negotiators to a new round of trade talks.  The Wall Street Journal says U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin were invited to Beijing for more face-to-face trade negotiations.  While it wasn’...

The Chinese Vice Premier, who’s leading China’s efforts in the trade talks with the United States, will be back in Washington next week. An Agri-Pulse report says he’ll be across the table from U.S. Trade Representative Robert Lighthizer. Earlier this wee...

Any potential trade deal between the U.S. and Japan will include big gains for farmers and ranchers.  That statement came directly from U.S. Trade Representative Robert Lighthizer.  He said in written comments to the Senate Finance Committee that Ag producers will see “significant new opportunities for agricultural exports” once any agreement gets finalized.   The Economic...

The U.S. and China are trying to “reset” trade discussions after talks broke down back in May.  U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will hold face-to-face conversations with Chinese officials on Tuesday and Wednesday.  There are a lo...

Tax cuts in China could offset trade war harm and support economic growth.  A China International Capital Corporation economist told CNBC tax cuts in China could provide growth needed to offset economic losses from the trade war.  However, the economist says more tariffs from the U.S. poses ...

Negotiations this week may lead to a U.S. trade delegation returning to China.  Treasury Secretary Steven Mnuchin said talks over the phone this week, if productive, will result in a trip to China for further discussions.  During a White House briefing, Mnuchin told reporters “I think there’s a good chance we’ll go there,” if the talks this week make “significant progress.”   This week marks the s

Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China are getting much closer to a trade deal than people realize. He’s also optimistic that progress will be made when Presidents Trump and Xi meet face-to-face this weekend at the G-20 in Osaka, Japan.  ...

Optimism is growing that the U.S. and China could wrap up a trade agreement this month. Trade officials from the U.S. and China concluded talks in Beijing Wednesday with another critical round scheduled for next week in the United States.   The Trump administration has appeared to be ready to walk away if an agreement isn’t reached soon. However, ...