It’s unclear if the next new months will mark a turning point for the struggling farm-machinery sector, with minimal details on the US-China trade deal keeping manufacturers wondering when growers will start spending again.

Arthur Budaghyan from BCA Research says China’s push to replace U.S. as a global trade leader faces hurdles as high tariffs continue to persist. He also expects Chinese deflation to persist given weak demand from a lack of stimulus from the government.

China's commerce ministry on Thursday flagged fresh prospects for a trade or investment agreement with the European Union, raising the idea of negotiations for a deal similar to a landmark investment pact whose ratification was frozen in 2021.

Marvin Yoder, who farms more than 2,000 acres of corn and soybeans in Jacksonville, Ill., said the Trump administration’s recent trade deal with China may help farmers’ finances in the short term, but it won’t solve the bigger issue: Brazil.

The poison pill clauses come on top of 40 per cent “transshipment” tariffs, which the US is considering applying to Chinese-made goods that are rerouted through south-east Asian ports, and are viewed as driving a further wedge between China and its regional trade partners.

This week in the Republic of Korea, President Donald J. Trump reached a trade and economic deal with President Xi Jinping of

Farmers from the heartland have come to depend on Chinese consumers for their livelihood, handing Beijing a potent weapon as it negotiates with Trump.

U.S. and China reach historic trade agreement addressing fentanyl trafficking, rare earth exports and agricultural trade between the world's largest economies.

The Dutch government’s repossession of auto chip powerhouse Nexperia from its Chinese parent looks to be spreading pain across the auto industry.