Trade truce with China could boost US beef, soybeans and other agriculture products
Story Date: 5/23/2018

 

Source: Evelyn Cheng, CNBC, 5/22/18



American beef, corn and soybeans could benefit the most from the latest trade agreements between the U.S. and China.
Over the weekend, the two countries issued a joint statement stating that both "agreed on meaningful increases in United States agriculture and energy exports," bringing temporary relief to a heated trade dispute. While analysts said the agreement isn't specific enough to have immediate economic impact, some noted key areas in which American farmers would likely benefit.

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