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USDA chief says U.S. working to diversify ag trade away from China

USDA chief says U.S. working to diversify ag trade away from China© Reuters. FILE PHOTO: U.S. Agriculture Secretary Sonny Perdue testifies before a Senate Subcommittee in Washington

WASHINGTON (Reuters) – U.S. Agriculture Secretary Sonny Perdue said on Thursday that the United States “probably made a mistake’ becoming too trade dependent on China, and that the administration was pursuing new trade deals elsewhere.

“We probably made a mistake in becoming too dependent on the China market,” he said in remarks to the fall forum of North American Meat Institute (NAMI).

“There’s a hungry world out there besides Canada, besides, China, and we’re pursing that,” he added, saying the administration was pursuing new agreements with the European Union and India, among others.

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Source: Investing.com

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