Posted on 12/06/2019 6:46:47 AM PST by Enlightened1
The tariff waivers were based on applications by individual firms for U.S. soybeans and pork imports, the finance ministry said in a statement, citing a decision by the country’s cabinet. It did not specify the quantities involved.
China had imposed the levies in response to tariffs launched by Washington over allegations that China steals and forces the transfer of American intellectual property to Chinese firms, known as Section 301. That includes tariffs of 25% on both U.S. soybeans and pork in July 2018 and a further 10% on pork and 5% on soybeans in September this year.
(Excerpt) Read more at cnbc.com ...
More than likely China is running low on pork meat and tofu and will take it where they can get it until they can rebuild their own stores of both.
Really? I read pigs were dying off due to disease. So turn a need into a gesture.
China To Waive Tariffs On Some US Soybeans, Pork In Goodwill Gesture
I’m guessing the goodwill gesture is to the malnutritioned people before they get ready to revolt against leadership.
bttt
They need to eat. A tariff on food they need to live will only hurt their people. Not that they really care about their people.
Yup. They must be hungry.
China has been buying lots of US soybeans and record amounts of pork. Ag publications cover this while MSM covers it up.
https://www.agweb.com/article/china-buys-record-volume-pork
https://www.porkbusiness.com/article/china-buys-record-volume-pork
Exactly correct. An NPR dame already discovered this and reported it on my morning drive news broadcast.
Most likely you are right. African Swine Flu has hit their swine herds hard. Also army worms have hit their soybean production. Both are an important part of the Chinese diet.
China knows we’re going into a Grand Solar Minimum and every time that happens there is a regime change there. Xi’s trying to stay at the top of the heap this go ‘round.
Yeah, it's all about being nice to US pork producers.
Sounds like they are getting hungry. You can’t eat plastic toys. We should have done this to OPEC back in the day. If the US, Canada and Australia had put tariffs or sales limits on foodstuff to OPEC countries back in the 70’s we would never had the oil crisis. You can’t eat sand or oil.
China To Waive Tariffs On Some US Soybeans, Pork In An Attempt To Fend Off Starvation
There. Fixed it.
Yep, they need our pigs.
“African Swine Flu has hit their swine herds hard.”
Actually a group of Pigs, depending on their age are called a Drift, if they are young and if older are called a sounder of swine, a team or passel of hogs or a singular of boars.
Winning...The Art of the Deal.
China has lost or will lose more than half its pigs to disease. That’s a problem for a country where pork is the top source of protein.
Plus their corn crop is being devastated by armyworms.
Trump has had the upper hand all along, it’s just taken time.
Exactly in the wake of the Huawei exec arrest in Vancouver China has been on a punishment tack in regards to Canada until just a while ago when suddenly Canadian pork was back on the menu. Same deal.
This is how the ChiComs yell “Uncle”.
L
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