Trump’s gift to Biden: Record ag exports to China

U.S. farm exports to China are expected to hit a record $31.5 billion during President Joe Biden’s first year in office, the U.S. Agriculture Department said in its latest quarterly forecast.

That’s $4.5 billion higher than the department forecast in November. U.S. farm sales and shipments to China have surged since late last year, most notably for corn, USDA said.Read more at Politico.

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About George W. Thompson

George W. Thompson specializes in export and import regulation and international business counseling. He is an adjunct professor in the International Commerce and Policy master’s program of the Schar School of Policy and Government. He has written several important works on international trade including "Transnational Contracts" published by Thomson Reuters, "Intellectual Property Rights and United States International Trade Laws" (co-Author) published by Oceana Publications, and "Exporting: Regulations, Documentation, Procedures" published by the Global Training Center.

He can be reached by email at gwt@gwthompsonlaw.com or by phone at 202-772-2039. His office address is Thompson & Associates, PLLC,1050 Connecticut Avenue NW, Suite 500, Washington, DC 20036.

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About George W. Thompson