China reportedly allowed tariff-free imports of US soybeans — a sign trade-war tensions may be thawing

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China reportedly allowed tariff-free imports of US soybeans — a sign trade-war tensions may be thawing
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Is China trying to battle food inflation, or is it an olive branch in the trade war?

Ahead of trade talks at the start of next month China is encouraging its own companies to buy more American soybeans tariff-free. Bloomberg reported that the Chinese companies received new waivers from the government to import 2-3 million tons of US soybean. One economist said that this could help in achieving an interim deal between the two parties.

Ahead of trade talks at the start of next month China is encouraging its own companies to buy more American soybeans tariff-free. Bloomberg reported that the Chinese companies received new waivers from the government to import 2-3 million tons of US soybean. One economist said that this could help in achieving an interim deal between the two parties.

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