China will cut tariffs on soybeans imported from the United States

Friday, 06 December 2019 00:00 Written by  font size decrease font size decrease font size increase font size increase font size

The Chinese Ministry of Finance announced this a few hours ago citing the decision of the cabinet.

The ministry said in a statement that the tariffs have changed based on requests from individual US soybean businesses.
The measures will be followed by China imposing a 25 percent tariff on US soybeans in July 2018, in a move that contradicts Washington's tariffs.
Commentators believe the Chinese are trying to implement the first phase of a temporary trade war agreement between the two countries.

Read 305 times
Rate this item
(0 votes)

Who's Online

We have 102 guests and no members online

Hot events

Template Settings


For each color, the params below will give default values
Black Blue Brow Green Cyan


Background Color
Text Color
Layout Style
Select menu
Google Font
Body Font-size
Body Font-family