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Trade dispute may go to bargaining table

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Is there a way out of a trade war with China? Maybe. Top Administration officials are signaling they are ready to meet with Chinese officials at the highest level.

Commerce Secretary Wilbur Ross and Treasury Secretary Steven Mnuchin have signaled that the rapidly escalating trade spat with China may ultimately be settled at the bargaining table.

A 30-day public comment period, including a public hearing next month on the White House’s latest target list of Chinese goods, opens a window for talks.

United States Trade Representative Robert Lighthizer has until August 18th to finalize the list and President Donald Trump, technically, has another 180-days to act.

American Farm Bureau Federation (AFBF) trade adviser Dave Salmonsen says AFBF has already launched a strong push to head off a trade war that threatens to cripple U.S. soybean, corn, pork, fruit and ethanol exports to China.

AUDIO: Agribusiness Matters 4-6-8