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Source: Michelle Rook, THE PACKER, 7/11/22
President Biden says he has not made a decision yet on whether to lift some of the $370 billion of tariffs imposed on Chinese imports by the Trump Administration. Biden has been talking about rolling those duties back for weeks as a way to curb inflation while opening a new exclusion process for firms to win additional relief. However, there are mixed opinions on whether or not the cuts will take place, whether China will reciprocate, and what the impact will be on agriculture.
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