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China to cut tariffs on US farm goods, except soybeans

Original: China is set to cut tariffs on a broad range of US agricultural goods, ranging from corn and wheat to meat and dairy, bu

China is preparing to reduce tariffs on a wide range of American agricultural products, including corn, wheat, meat and dairy, in a sign of easing trade tensions between Washington and Beijing. However, soybeans, one of the largest US export items to China, are excluded from the tariff cuts, and Reuters analysis examines the broader US-China trade picture.

Why now: The tariff cuts signal a potential thaw in US-China trade relations, but the soybean exclusion raises questions about the limits of the deal.

ChinaUnited Statessoybeanscornwheat

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• China is set to cut tariffs on a broad range of US agricultural goods, ranging from corn and wheat to meat and dairy, but soybeans — a top import item — are excluded. Lewis Jackson decodes the US-China Board of Trade https:// reut.rs/4jq2ZB4 · Reuters · 345

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