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On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
India issued multiple amendments for regulations related to food imports, food additives, standards, contaminants, toxins, labeling, and packaging in calendar year (CY) 2016.
On August 1, 2019, the Indian Meteorological Department (IMD) published its long-range forecast for the second half of the southwest monsoon (August to September), predicting normal rainfall for 2019.
A rapidly growing middle class in North Asia is expected to boost demand for U.S. agricultural exports over the next decade.