China Soybeans imported from the United States Additional tariff exemption policy September 13 23:38
In response to the US President Trump's policy to postpone additional tariffs that were supposed to be in force against China starting on the 1st of next month, the Chinese government will add to certain amounts of soybeans imported from the United States. The policy of exempting customs duties was clarified, and the attitude of making certain concessions by resuming imports of agricultural products was shown.
According to China's state-run Xinhua News Agency, the Chinese government has revealed its policy of exempting additional tariffs on certain agricultural products such as soybeans and pork imported from the United States.
China has been postponing imports of American agricultural products since last month as trade disputes between the US and China intensified, but $ 250 billion of the imports from China that President Trump was supposed to activate next month In response to the policy to postpone additional tariff measures on the 15th, the import of agricultural products was resumed and a certain concession was made.
Xinhua News Agency said, “The Chinese side hopes that the United States will keep its promises and create favorable conditions for the cooperation in the agricultural sector of both countries,” and in the US-China ministerial-level negotiations scheduled next month Showed expectations for
However, so far no major progress has been made over the conflicting issues, and it is still unclear how far both parties can reach in the negotiations.