Beijing Could Ax Extra Tariffs on US Farm Products to Boost Imports: China Trade Association Chief

Beijing Could Ax Extra Tariffs on US Farm Products to Boost Imports: China Trade Association Chief
U.S. President Donald Trump meets with Chinese leader Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan on June 29, 2019. Kevin Lamarque/Reuters
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SINGAPORE/BEIJING—Beijing could remove extra tariffs imposed since last year on U.S. farm products to ease the way for importers to buy up to $50 billion worth, rather than direct them to buy specific amounts, the head of a government-backed trade association said.

U.S. President Donald Trump said earlier this month that China had pledged to spend between $40 billion and $50 billion on U.S. agricultural products annually as part of a deal to end a trade war that broke out last year.