Left Menu
Development News Edition

UPDATE 2-Trump questions Mnuchin over request Chinese delay U.S. farm trip

UPDATE 2-Trump questions Mnuchin over request Chinese delay U.S. farm trip
US President Donald Trump (File photo) Image Credit: ANI

U.S. President Donald Trump on Monday questioned a decision by his top trade negotiators to ask Chinese officials to delay a planned trip to U.S. farming regions after trade talks last week, saying he wanted China to buy more American farm products. Trump, speaking alongside Treasury Secretary Steven Mnuchin, questioned him about the request that the Chinese delay a trip to meet with U.S. farmers in Montana and Nebraska. Mnuchin had said the trip was delayed at the administration's request to avoid confusion over the talks.

"Why was that our request, just out of curiosity?" Trump asked. Mnuchin explained again that the U.S. side "didn't want confusion around the trade issues."

Trump then interjected: "Yeah, but I want them to buy farm products." "There was no confusion," Mnuchin replied. "We want them to buy agriculture. They have committed to buy agriculture. And they're doing that"

Trump added that China had "committed to buy a lot of agriculture" and the United States should ship the products as fast as possible. The exchange came after Chicago grain traders said Chinese importers on Monday had bought about 10 boatloads of U.S. soybeans - around 600,000 tonnes - to be shipped from Pacific Northwest ports from October through December. News of the deals sent soybean futures prices higher.

Cancellation of the planned trip cast a pall over the conclusion of two days of U.S.-China trade talks last week, sending U.S. stocks lower. People familiar with the talks said that there were no new substantive offers made, but both the U.S. and Chinese sides said the talks were productive, and that minister-level talks would take place in early October.

Mnuchin stressed that the Chinese purchases of U.S. agriculture were "good news" in an interview with Fox Business Network and downplayed any significance to the delay of the Chinese officials' visit to U.S. farming regions. "It's a sign of good gesture that they are back at the table buying agriculture," Mnuchin told Fox Business Network.

"We just decided the timing of the trip wasn't necessarily the perfect timing, so they'll be rescheduling that to after our trade meetings," he added. Mnuchin said in the television interview that trade talks with Chinese Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer were set to resume in two weeks.

"It's actually, I think, it's not next week, but the following week we'll be having those talks," Mnuchin said. Earlier on Monday, Mnuchin told reporters at the United Nations General Assembly that the trade talks would resume next week.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



Sentiment Analysis of Twitter users during COP 25: Governments losing trust on Climate Action

Sentiment analysis of Twitter users during COP25 in Madrid, being held from December 2-13, shows widespread fear on climate change due to global warming but almost no trust on governments in meeting the emission targets. In the analysis the...

These innovators are making humanitarian response more efficient

These alarming trends prompt a call for the world to not only address the ongoing crisis but also to adopt innovative approaches to fulfill the growing humanitarian needs in such emergencies. ...

Hyderabad Encounter: A sentiment analysis of public mood on day of encounter

Sentiment analysis of twitter users revealed that they showered salutes on Hyderabad police for eliminating alleged gang rapists of the veterinary doctor but only a few believe in cops version of successive events leading to encounter....

Hyderabad Encounter: Time to review modern judiciary and restore people’s confidence

Its probably for the first time in the history of independent India, the parliamentarians, chief ministers and ministers in the Union and State governments are openly supporting an encounter. This indicates the people from top to bottom hav...


Latest News

15-year-old girl raped & killed; cops search for stepfather

A 15-year-old girl was allegedly raped and strangled to death here in Maharashtra and police are on the lookout for her stepfather who is suspected to have committed the crime, an official said on Friday. The victims body was discovered by...

Maha: Authorities crack down on 12 unlicensed moneylenders

Properties of 12 unlicensed moneylenders were raided in Kolhapur district and Rs 25 lakh in cash and other valuables were seized from the premises, an official said on Friday. The state co-operative department on Thursday raided 16 propert...

Uproar in RS over Northeast violence; House adjourns till 1pm

The Rajya Sabha was adjourned for the second time on Friday after the Congress, TMC, DMK and the Left created an uproar over violence in northeastern states over the amended citizenship law. No sooner the House met at noon after the first a...

Victory for nationalism: Johnson's win puts UK's future in doubt

The election result was hailed as a victory for English, Scottish and Irish nationalism - and it could spell the end of the United Kingdom. Boris Johnsons resounding triumph will allow him to take the United Kingdom out of the European Unio...

Give Feedback