China considering lifting tariff on US Ag imports
Story Date: 11/5/2019

 

Source: Andy Petersen, WHO RADIO, 11/4/19


The head of a government-sponsored trade association in China says Beijing could remove extra tariffs on U.S. farm goods to smooth the way for importers to potentially buy up to $50 billion in products. A Reuters article says Beijing would make that move instead of directing importers to purchase specific amounts of goods. President Donald Trump earlier in October that China would be buying anywhere between $40 and $50 billion worth of agricultural goods as part of a “Phase One” deal to pave the way for an end to the trade war that broke out in 2018.

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