Xinhua: China to Lift Tariffs on US Soybeans, Other Farm Goods
Saturday, 14 September 2019 02:18 WIB | GLOBAL |Global

China says it will lift tariffs on U.S. soybeans, pork and some other farm goods in yet another sign of easing tensions between the two countries ahead of trade talks scheduled for next month.

The announcement, reported Friday by China's Xinhua news agency, is the latest in a series of recent conciliatory gestures the world's two largest economies have taken to curb their ongoing trade war.   

On Thursday, Chinese Commerce Ministry spokesman Gao Feng said China was looking into purchasing U.S. agricultural goods such as pork and soybeans.

Gao also voiced hope the two sides will continue to create favorable conditions for the upcoming trade talks in Washington.

China previously imposed tariffs of 25 percent on U.S. farm goods and ordered importers to stop buying soybeans, the largest U.S. export to China. Beijing did not indicate Friday whether soybean purchases would resume.

Beijing's tariffs were imposed in response to U.S. President Donald Trump's tariff increases on Chinese products.

On Wednesday, however, Trump announced he was postponing tariffs on $250 billion in Chinese goods from Oct. 1 to Oct. 15.

He said on Twitter that Chinese Vice Premier Liu He had asked for the delay because of celebrations for the 70th anniversary of the People's Republic of China on Oct. 1.

Source : VOA

RELATED NEWS

Hong Kong Democracy Protesters Call For US Congress Proposed Sanctions
Wednesday, 16 October 2019 18:01 WIB

Hong Kong pro-democracy advocates are urging the U.S. Congress to pass a human rights bill that could impose trade sanctions on this international financial center, a measure that critics say could cause more harm than good. At a massive pro-American, pro-democracy rally on Monday evening in centra...

Erdogan Remains Defiant in Face of US Sanctions
Wednesday, 16 October 2019 10:56 WIB

U.S. sanctions on Turkey over its Syrian military offensive are being dismissed by the political leadership in Ankara, as financial markets shrug off the measures. Sanctions were announced against Turkish officials on Monday as negotiations on a $100 billion trade deal ended. While a tariff on Turk...

Russia's Putin Seeks to Enhance Ties With US-Allied UAE
Tuesday, 15 October 2019 23:42 WIB

Russian President Vladimir Putin visited the United Arab Emirates on Tuesday, as part of a Mideast tour aimed at strengthening ties between Moscow and this longtime U.S. ally amid tensions in the wider Persian Gulf. Abu Dhabi's powerful crown prince, Mohammed bin Zayed Al Nahyan, met Putin at the a...

US Ambassador: N. Korea Asked for 'Everything' While Offering Nothing
Tuesday, 15 October 2019 18:32 WIB

North Korea is demanding that the U.S. œdo everything before Pyongyang makes any concessions, Harry Harris, the U.S. Ambassador to South Korea, said in an interview published Monday. Harris™ comments to South Korea™s Dong-A-Ilbo newspaper are the first substantive reaction by a U.S. offici...

Russia Turns the Screws on Internet Freedom
Tuesday, 15 October 2019 10:57 WIB

New legislation likely to be introduced next month in Russia's Duma, or lower chamber of parliament, would see tighter restrictions on the internet and on computers, tablets and other devices used to access the internet. The proposals include a provision for the identification of all email users an...

ANOTHER NEWS
Stocks Turn Mixed Midday Despite Lingering Worries on China Relations, Weak Retail Sales
Wednesday, 16 October 2019 23:52 WIB Stocks were little changed midsession Wednesday, as tensions between the U.S. and China over Hong Kong protests weighed on efforts to complete a trade deal, and after a weak retail sales report offset better-than-expected corporate earnings...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.