Tag: U.S. pork

China to remove tariffs on some U.S. products, but not pork or soybeans

Washington Post logoBEIJING — China extended an olive twig, rather than a branch, to the United States in the trade war Wednesday, announcing it would exempt 16 American-made products from tariffs as a sign of goodwill ahead of talks scheduled for next month.

But the gesture, which Beijing said was designed to ease the dispute’s impact on American companies, does not offer relief from tariffs on the big-ticket agricultural products such as soybeans and corn that are causing the most hurt in the United States.

“China wants to claim the moral high ground before the October talks and to send a message of goodwill,” said Yao Xinchao, professor of international trade at the University of International Business and Economics in Beijing. “It’s all about molding public opinion” to portray the United States as the aggressor, Yao added.

View the complete September 11 article by Anna Fifield on The Washington Post website here.