Xinhua: Chinese Importers Requesting Tariff Reductions on US Ag Products

Xinhua, China's official state-run news agency, reported July 21 that some Chinese firms have requested that retaliatory tariffs on U.S. agricultural goods be lifted, and have made inquiries with U.S. producers about purchasing those goods. The report did not say which commodities are being considered, or in what quantities. However, it noted that the U.S. recently "expressed willingness to encourage U.S. businesses to continue providing supplies for Chinese enterprises," a potential reference to Huawei, and that the government exempted 110 industrial products from Section 301 tariffs. President Donald Trump tweeted July 11 that "China is letting us down in that they have not been buying the agricultural products from our great Farmers that they said they would. Hopefully they will start soon!"