China Adds Soybeans, Pork to Tariff Exemption List
China's Customs Tariff Commission of the State Council will add agricultural products such as soybeans and pork to its list of tariff exemptions of U.S. goods, according to a report from Xinhua, China’s state-run news agency. China also said it “supports" companies buying a “certain amount of U.S. farm produce” but did not specify the amount, according to the report.
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"China has a huge market, and the prospects for importing high-quality U.S. farm produce are broad," the report said. China announced some other tariff exemptions earlier this week.