U.S. Agriculture Official Calls Trade Tensions With China "The New Normal"
USDA expects the next year or two to be like this
The United States and China are still in the early stages of their trade war and tensions that arise from it should be considered the “new normal,” a U.S. Department of Agriculture official said on Wednesday.
Washington has tried to hold China accountable for its trade practices and not sought “quick compromises for quick resolutions” to tariffs and other issues, Mark Jekanowski, deputy chairman of the USDA World Agricultural Outlook Board, told an industry conference in Buenos Aires.
“I think that we do see as the new normal this new amount of uncertainty with China and our regular scenario is probably, for the next year or two, more similar to what last year’s scenario was,” Jekanowski said.
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