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02:08

China: Beijing considers buying US agricultural products - spokesperson

China, Beijing
September 12, 2019 at 13:44 GMT +00:00 · Published

China is studying the prices of the US agricultural products, said spokesperson for the Chinese Ministry of Commerce, Gao Feng, during a press conference in Beijing on Thursday.

The spokesperson also added that China released a tariff exemptions list that includes 16 types of products from the US.

"Chinese companies have started inquiring the prices of agricultural products, including soybeans and pork, from the US. I hope the two sides would move in the same direction, take practical actions and provide a sound environment for the trade negotiation," stressed the spokesperson.

The tariff exemptions will be in effect for one year, from September 17, 2019 until September 16, 2020.

The spokesperson also welcomed the US's "goodwill" to move the planned increase of extra five percent tariff on $250 billion (€228 billion) of Chinese goods from October 1 to October 15.

02:08
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Description

China is studying the prices of the US agricultural products, said spokesperson for the Chinese Ministry of Commerce, Gao Feng, during a press conference in Beijing on Thursday.

The spokesperson also added that China released a tariff exemptions list that includes 16 types of products from the US.

"Chinese companies have started inquiring the prices of agricultural products, including soybeans and pork, from the US. I hope the two sides would move in the same direction, take practical actions and provide a sound environment for the trade negotiation," stressed the spokesperson.

The tariff exemptions will be in effect for one year, from September 17, 2019 until September 16, 2020.

The spokesperson also welcomed the US's "goodwill" to move the planned increase of extra five percent tariff on $250 billion (€228 billion) of Chinese goods from October 1 to October 15.

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