China and US reach agreement on beef, poultry, natural gas
May 12, 2017
WASHINGTON (AP) — Beijing will open its borders to U.S. beef, while cooked Chinese poultry is closer to landing on American supermarket shelves under a U.S.-China trade agreement.
Trump administration officials hailed the deal as a significant advance toward boosting U.S. exports and closing America's trade gap with the world's second-largest economy. U.S. trade experts offered a more muted assessment, calling the agreement a modest fulfillment of past assurances made by China.
Among other things, the deal enables U.S. companies to export liquefied natural gas to China. It will also lower...