China to exempt US pork and soybeans from added tariffs: state media

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BEIJING (AFP) - China said Friday some US agricultural products including pork and soybeans will be exempt from added tariffs, ahead of trade talks between Beijing and Washington scheduled for October.

China said Friday some US agricultural products including pork and soybeans will be exempt from added tariffs, ahead of trade talks between Beijing and Washington scheduled for October.

The announcement is the latest in a series of appeasement measures between the world’s two biggest economies, who for the past year have been locked in a bitter trade war resulting in tit-for-tat tariffs on hundreds of billions of dollars in bilateral trade. On the same day, China said it would temporarily exempt 16 categories of American products from additional tariffs implemented over the past months.

 

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