Saturday, September 21, 2019

Chinese agriculture officials cancel US farm visits

A Chinese agricultural delegation canceled a planned visits to farms in Montana and Nebraska that had been scheduled for the coming days, officials said Friday. But a spokesman for the US Trade Representative's Office told AFP the mid-level trade talks with Chinese officials underway in Washington were continuing as planned into Friday afternoon. Word of the canceled visits, which were set to occur ahead of high-level trade negotiations expected next month, sent stocks tumbling. The news some Chinese officials left earlier than expected knocked more than 100 points off the Dow Jones Industrial Average, amid concerns broader trade talks had again hit a roadblock. Stocks closed in the red as investors are apprehensive about efforts to resolve the protracted trade war between Washington and Beijing, which is weighing on the global economy and feeding recession fears...MORE

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