Trade
4 years ago

China says it will waive tariffs for some soybeans, pork purchased from US

Soybeans in a field on Hodgen Farm in Roachdale, Indiana, US, November 8, 2019. Reuters/File Photo
Soybeans in a field on Hodgen Farm in Roachdale, Indiana, US, November 8, 2019. Reuters/File Photo

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China will waive imports tariffs for some soybeans and pork originating from the United States, China’s finance ministry said on Friday citing a decision by the country’s cabinet.

The ministry said the tariff waivers being implemented are based on applications by individual firms for US soybeans and pork. The statement did not specify the exact quantities of the imported products on which the relevant waivers will be applied.

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