Biofuels Digest · News
China cuts tariffs on US farm goods but excludes soybeans
Published:
English editorial record · proofuel
Key points
- China will cut tariffs on US corn, wheat, meat, and dairy, but soybeans remain excluded from the September 28 list.
- US soybeans still face a 10% additional tariff, which traders say is too high for private crushers to absorb.
Summary
China will cut tariffs on US corn, wheat, meat, and dairy, but soybeans remain excluded from the September 28 list. US soybeans still face a 10% additional tariff, which traders say is too high for private crushers to absorb.
Original source title
China says to cut tariffs on US farm goods, but soybeans excluded
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