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China Exempts U.S. Soybeans, Pork and Other Farm Goods from Additional Tariffs, an Industrial Info Market Brief

China Exempts U.S. Soybeans, Pork and Other Farm Goods from Additional Tariffs, an Industrial Info Market Brief

China has announced that it will exclude imports of U.S. soybeans, pork and other farm goods from additional trade war tariffs. China has levied three rounds of additional tariffs on U.S. frozen pork, including 25% in April 2018, 25% in June 2019 and another 10% in September 2019, bringing the final tariff to 60%.