In the midst of the escalating trade war between the United States and China, one California rice company is bridging the divide.
. "China has been tough to get into because for many years it was illegal to sell our rice there," said Betsy Ward, president of USA Rice, a national trade association. But, in 2018, the US and China came to an agreement, making it legal to export American rice to China. As a result, more than two dozen US companies were approved to export rice to China. But Sun Valley was the first to land a deal.
And entering a new market can surface additional layers of protocol and red tape."We have to deal with inspectors. What if our cargo gets tied up at customs as part of the inspection process? We have to be prepared for it," he said.The US rice industry has also experienced trade disruptions due to measures designed to protect humans, animals and plants from diseases or contamination.
Notice how the Chinese will buy from a Blue state. It’s not a coincidence.
China buys rice from 14 other countries - they need paddy fields for real estate - they aren’t daft are they
Good.
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مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »