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Trump urges China to remove tariffs on US agricultural products

অনলাইন ডেস্ক পঠিত: 80 বার

প্রকাশিত: March 2, 2019 | 11:40 AM

WASHINGTON, March 2, 2019 (BSS/AFP) – US President Donald Trump on Friday urged China to abolish tariffs on agricultural products imported from the United States — adding that trade talks between the rival powers were going well.

“I have asked China to immediately remove all Tariffs on our agricultural
products (including beef, pork, etc.),” the president wrote on Twitter.

He said his request was based on the fact that negotiations with China were
“moving along nicely” — and his delay last week of a planned tariff increase on Chinese exports.

“This is very important for our great farmers – and me!” he added.

After months of trade war, the US and China agreed to a 90-day truce to
work out their differences. It was scheduled to end Friday, but Trump
eventually lifted the ultimatum to increase tariffs, satisfied by progress
made in several rounds of talks in Beijing and Washington.

Top White House economic official Larry Kudlow said Thursday the two
countries were on the brink of a “historic” trade agreement. A meeting
between Trump and his Chinese counterpart, Xi Jinping, is also expected this month.

After the latest round of talks in February, US Agriculture Secretary Sonny
Perdue tweeted that China had committed to buying “an additional” 10 million metric tons of soybeans as a “show of good faith.”

US farmers rely greatly on such trade with China: in 2017, around a third
of US soybean production — worth $14 billion — was exported there, where it is used to feed pigs.

Those exports plummeted last summer, when China imposed tariffs on US
soybeans and other agricultural products.

Previously, in a gesture of goodwill at the start of the countries’ truce,
China in December resumed soybean purchases.

But Chinese tariffs had already hit America’s farming regions hard — areas
where Trump has enjoyed plentiful support.

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