US-China tensions edge toward ‘tipping point’: business official

Building tensions between the US and China have yet to stop agricultural trade between the countries, but that time could come, says Craig Allen, president of the US-China Business Council. China’s increased militarization in the South China Sea, the shuttering of consulates over US spying allegations, China’s constriction of Hong Kong freedoms, and US accusations over the spread of COVID-19 “are just adding fuel to what was already a raging fire,” Allen said in a Wednesday presentation to the US Grains Council.