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China buys soybeans from the United States

2019-09-12T21:55:29.584Z


[Beijing / Washington 12th Reuters]-China showed moves toward resuming purchases of US agricultural products on the 12th, and will take a further step toward the ministerial level talks scheduled for early October It was clear. US is China


[Beijing / Washington 12th Reuters]-China showed moves toward resuming purchases of US agricultural products on the 12th, and will take a further step toward the ministerial level talks scheduled for early October It was clear. The United States expressed its welcoming Chinese movement, but urged that it was prepared to maintain tariffs against China.

According to the trader, Chinese importers bought over 600,000 tons of US soybeans that day. The purchase amount is said to be the largest after June.

Prior to this, Bloomberg reported that as a source of information, China was considering whether to allow the resumption of imports of rice agricultural products such as soybeans and pork, which was suspended in August.

A spokesperson for the Chinese Ministry of Commerce revealed that Chinese companies have inquired about the price of rice products, saying, “China will continue to take steps to foster a favorable environment for mutual consultation and consultation. I hope. " Rice farm products that China may import include pork and soy.

On the previous day, China excluded some US products from additional tariffs. In response, US President Trump has made concessions in both countries, including postponing tariff increases on some Chinese products scheduled for October 1 to October 15.

US Secretary of Finance Mnushin said in an interview with CNBC, while welcoming China's movement, President Trump said he was prepared to maintain and raise tariff rates on Chinese products. Suppressed the movement.

According to the US Wall Street Journal (WSJ), China is aiming to reduce the scope of negotiations by excluding national security issues from trade talks.

While the influence of the US-China trade friction is affecting the global economy, the International Monetary Fund (IMF) Rice spokesman said that global economic growth in 2020 is due to the US and China invoking mutual tariffs. The view was that the rate was pushed down 0.8%.

Source: asahi

All news articles on 2019-09-12

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