China To Exempt ‘Some’ US Soybean, Pork From Tariffs
December 6, 2019
3:49 pm
China will waiver tariffs on “some” imports of US soybean and pork, it said on Friday, in the latest sign of easing trade tensions between Beijing and Washington as they try to finalise a partial trade pact.
The world’s two biggest economies have exchanged blows for more than a year, with levies now imposed on hundreds of billions of dollars in two-way trade.
The olive branch comes as the two sides edge towards a mini agreement Washington says includes a Chinese promise to increase the purchase of US farm products. It is also just before a fresh round of …
