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Report: U.S.-China agriculture trade could see dramatic growth with reduced barriers

November 21, 2016 at 5:02 PM
A report issued by the U.S. Chamber of Commerce on Nov. 21 ahead of this week's U.S.-China Joint Commission on Commerce and Trade shows the two countries could increase bilateral trade in agricultural, fish, forest and farm products by $28 billion if they agree to substantially reduce barriers. Most of the increase would be in the agriculture sector, with the U.S. gaining $11.75 billion and China gaining $3.815 billion over the projected baseline by 2025. According to the report, China's...

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