Valley Congressman Jim Costa Cautiously Optimistic about Phase One China Deal

Livestock and Foreign Agriculture Subcommittee Chairman Jim Costa is optimistic but cautious, regarding the phase one trade agreement with China according to the American Farm Bureau.

Congressman Costa says, “The key is getting the Chinese to stick to their commitments and prove that they will honor international agreements.”

Costa adds it’s not immediately clear that the new purchases, at least $40 billion worth annually according the Trump Administration, “will make up for what we’ve lost along the way.”

Most tariffs on China will remain in place, while President Donald Trump seeks a phase two agreement.