Senate Finance Committee Chairman Chuck Grassley released the following statement regarding the partial trade deal with China that has been reached.
“Any time progress is made, that’s good news. Farmers in Iowa know far too well that the trade war has caused real financial pain in the heartland. But we need to know more about this deal and follow-through from China will be key. I welcome the news that progress on some areas has led to a delay in tariff hikes that would impact U.S. consumers, and that President Trump plans to meet President Xi at the APEC Summit in Chile next month. A final deal must address the full scope of structural issues identified in USTR’s Section 301 report and include strong enforcement mechanisms,” Grassley said. “After so much has been sacrificed, Americans will settle for nothing less than a full, enforceable and fair deal with China. I look forward to learning more details in the coming days.”
U.S. Senator Joni Ernst says she’s glad the administration is making positive progress on a trade deal with China. She said no new tariffs on goods plus additional purchases of agricultural products, like Iowa soybeans and pork, is a good sign. The senator says she looks forward to learning more details about this phase of the deal. And she assures Iowans that she’ll continue fighting on behalf of Iowans to ensure we’re getting a good, fair deal for folks in our state and across the country.