{"id":894,"date":"2019-10-16T10:21:14","date_gmt":"2019-10-16T10:21:14","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/10\/16\/doubts-persist-over-chinas-commitment-to-u-s-farm-purchases\/"},"modified":"2019-10-16T10:21:14","modified_gmt":"2019-10-16T10:21:14","slug":"doubts-persist-over-chinas-commitment-to-u-s-farm-purchases","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/10\/16\/doubts-persist-over-chinas-commitment-to-u-s-farm-purchases\/","title":{"rendered":"Doubts persist over China\u2019s commitment to U.S. farm purchases"},"content":{"rendered":"

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An aerial view from a drone shows a combine being used to harvest the soybeans in a field at the Bardole & Son’s Ltd farm on October 14, 2019 in Rippey, Iowa. <\/figcaption>
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Despite a Chinese promise to buy more U.S. farm products, questions remain over how much, the time frame for purchases, and what the U.S. might have to give in return.<\/p>\n

Beijing is pushing the U.S. to drop plans to impose new 15% tariffs on $156 billion in consumer goods starting Dec. 15 and could use the farm purchases as leverage.<\/p>\n

Chinese negotiators continue to say purchases must be based on actual demand and at fair-market prices, according to people briefed by the matter. The roughly $50 billion in farm products touted by President Trump is far beyond what China has historically spent and would likely require Beijing to lean heavily on its state-owned firms to accomplish.<\/p>\n

\u201cThe uncertainty is still there,\u201d says John Frisbie, managing director of international consulting firm Hills & Company and former president of the U.S.-China Business Council.<\/p>\n

An expanded version of this story is available at WSJ.com<\/a> <\/p>\n

Also at WSJ.com<\/p>\n

Elite MBA programs report drop in applications<\/a> <\/p>\n

$100,000 salary might not be enough to buy a home<\/a> <\/p>\n<\/p><\/div>\n

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[ad_1] Getty Images An aerial view from a drone shows a combine being used to harvest the soybeans in a field at the Bardole & Son’s Ltd farm on October 14, 2019 in Rippey, Iowa. Despite a Chinese promise to buy more U.S. farm products, questions remain over how much, the time […]<\/p>\n","protected":false},"author":348,"featured_media":895,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/894","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=894"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/895"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}