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US-China Agricultural Trade Deal: Tariffs Cut, Barriers Lowered
Published 7 hours ago
Description
U.S. and China aim to revive agricultural trade with tariff cuts and addressing non-tariff barriers. After a Beijing summit, they plan to lower tariffs on U.S. farm goods and tackle market access issues. This move could boost trade in various products and potentially open up commercial buying in China. The U.S. expects China to purchase billions in farm goods over the next three years.
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