China wants to eliminate tariffs on import of US agricultural products worth 50 billion dollars

[15th Reuters]-Bloomberg reported on the 15th that the Chinese government believes that it would be difficult to import US-made agricultural products worth 50 billion dollars a year unless the US repeals tariffs.

Bloomberg, who is familiar with the situation, told China that China intends to buy US agricultural products only if the US President Trump has eliminated the tariffs introduced after the trade friction.

US President Trump announced on the 11th that the US and China have reached a “first stage” trade agreement, and that the ministerial trade talks between the two countries that had been held for two days from the previous day reached a partial agreement. Revealed. Mr. Trump assessed China as agreeing to purchase up to $ 50 billion worth of US agricultural products, but the tariffs that had already been imposed on Chinese products worth hundreds of billions of dollars remained.