webfact Posted September 24, 2019 Share Posted September 24, 2019 Trump questions Mnuchin over request Chinese delay U.S. farm trip By Steve Holland U.S. President Donald Trump looks on as Treasury Secretary Steve Mnuchin explains a delay in a Chinese agricultural trade delegation visiting the U.S., during Trump’s meeting with Egypt’s President Abdel Fattah al-Sisi in New York, U.S. September 23, 2019. REUTERS/Jonathan Ernst UNITED NATIONS (Reuters) - 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. (Additional reporting by Jeff Mason, David Lawder, Karl Plume, Eric Beech and Makini Brice; Writing by David Lawder; Editing by Jonathan Oatis) -- © Copyright Reuters 2019-09-24 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
Tug Posted September 24, 2019 Share Posted September 24, 2019 They are probably lying the Chinese have new markets to buy from don’t need us anymore Link to comment Share on other sites More sharing options...
zydeco Posted September 24, 2019 Share Posted September 24, 2019 Just Trump desperate to keep pumping the stock market at any price--or any debt. Link to comment Share on other sites More sharing options...
Srikcir Posted September 24, 2019 Share Posted September 24, 2019 11 hours ago, webfact said: 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. Just a stalling tactic as China shifts its soy bean supply chain. In August 2019 China purchased 25 to 30 cargoes of soy from Brazil or about 1.5 million to 2 million metric tons. https://www.bloomberg.com/news/articles/2019-08-16/china-ramps-up-brazil-soy-imports-as-u-s-trade-war-worsens That's soy beans NOT coming from the U.S. - ever! Link to comment Share on other sites More sharing options...
quandow Posted September 24, 2019 Share Posted September 24, 2019 Recently Putin announced they're stepping up exports to China so the U.S. has essentially been replaced. Is THIS what is meant by "winning?" If so, then this brand of "winning" isn't good for the U.S. economy. Link to comment Share on other sites More sharing options...
skytrooper70 Posted September 24, 2019 Share Posted September 24, 2019 Isn't it a wonderful sight to see that the left hand knows what the right hand is doing? Link to comment Share on other sites More sharing options...
spidermike007 Posted September 24, 2019 Share Posted September 24, 2019 Trump has failed dismally in his attempts to negotiate deals with China, and North Korea. The administration does not have a clue. They are floundering in the dark. Trump thinks his WWF style of negotiations will work with China. He could not be more wrong. Xi has outplayed him at every turn. Of course the additional 75 IQ points that Xi is working with is quite an advantage. American farmers are hurting. Trade wars are not good. And once started are not so easy to stop. He just assumed the Chinese would come begging for a deal. How he has miscalculated and under estimated his opponents. It is all good. He is heading for a resounding defeat in 14 months time. And then the world will celebrate. Then prison perhaps. One can only hope for justice. Link to comment Share on other sites More sharing options...
DogNo1 Posted September 24, 2019 Share Posted September 24, 2019 Better Trump than a socialist government. A dictatorship of the ideologists would be terrible. Link to comment Share on other sites More sharing options...
ChouDoufu Posted September 24, 2019 Share Posted September 24, 2019 why would our side cancel the trip? what were they afraid of, or what were they trying to hide? Link to comment Share on other sites More sharing options...
bendejo Posted September 24, 2019 Share Posted September 24, 2019 4 hours ago, quandow said: Recently Putin announced they're stepping up exports to China so the U.S. has essentially been replaced. Is THIS what is meant by "winning?" If so, then this brand of "winning" isn't good for the U.S. economy. Brazil as well. The controversial burning down there has to do with new soybean export deals to China. It's not like just getting rid of DT is going to put the former agricultural deals back into place. I would suspect Bolivia as well, China began romancing Evo even before he was inaugurated. 16 hours ago, webfact said: "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." ...and so on. Yeah, who's idea was this tariff stuff anyway? This is the kind of thing they should have discussed in a private meeting, not an open forum. I guess such a meeting is unheard of in the reality show format. Worst part is the dialogue shows just how head-up-the-rectum the running of things is. DT said during the 2015-16 campaign that "the whole world is laughing at us": well, if they weren't they certainly are now. Promises made, promises kept. "Why was that our request, just out of curiosity?" Trump asked. Sheesh! Link to comment Share on other sites More sharing options...
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