U.S. and China reached new bilateral trade agreement, easing market access to beef, poultry, natural gas, and financial services

Briefing

U.S. and China reached new bilateral trade agreement, easing market access to beef, poultry, natural gas, and financial services

June 12, 2017

Briefing

  • U.S. and China 10-Point Trade Agreement – U.S. and China agreed to 10-point bilateral trade deal that opens up other markets, such as livestock, financial services, and biotechnology, for both countries
  • U.S. Benefits – China to lift ban on U.S. beef imports, allow U.S. shipments of liquefied natural gas, accelerate safety reviews for biotechnological applications from U.S. companies, and open Chinese market to U.S. credit rating agencies and credit card companies
  • China Gains – U.S. to allow China to export cooked poultry, Chinese banks to enter U.S. market, and Chinese entrepreneurs to be invited to Washington summit in June 2017

Accelerator

Market Disruption

Sector

Agriculture, Forestry and Fishing, Financial Services, Government (excluding military), Healthcare/Health Sciences

Source

Original Publication Date

May 12, 2017

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