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China Will Waive Tariffs for Soybeans & Pork Purchased from the U.S.

The ministry said the tariff waivers being implemented are based on applications by individual firms for U.S. 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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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 U.S. 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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Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


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