Business Standard

Tuesday, December 24, 2024 | 01:04 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

China importers seek to lift tariffs on agri goods from US: State media

The move may be a goodwill gesture after the United States earlier this month was reported to have removed 110 Chinese export items from its own tariffs list

china, china trade, trade
Premium

Illustration by Binay Sinha

AFP | PTI
Chinese importers are applying to their government to lift tariffs on some US agricultural imports, state media reported on Sunday, three weeks after the two sides reached a truce in their trade war. The unnamed importers were talking to US suppliers about potential pricing and have applied to a Chinese government body with oversight of tariffs to lift the levies, the nearly identical reports in various media outlets said.

The importers were acting “according to the needs of the domestic market,” the reports said.

No further details were given, such as which products might be affected.

The move may be a goodwill gesture

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in