Trade moves show shared willingness to restart talks
SOME CHINESE IMPORTERS are applying to the government to lift tariffs on imports of agricultural products from the United States, Xinhua News Agency reported on Sunday. On its WeChat account Taoran Note, Economic Daily comments:
The unnamed importers, which are acting according to the needs of the domestic market, were talking to US suppliers about potential pricing and have applied to the Customs Tariff Commission of the State Council, which has oversight over the tariffs, to lift the levies, Xinhua reported.
Earlier this month, the US was reported to have removed 110 Chinese export items from its own list of tariffs, and the US administration gave the green light to relevant US companies to continue to provide for the needs of their Chinese partners.