Economics

China Backs U.S. Farm Purchases as Trade Talks Atmosphere Warms

  • Move comes ahead of planned talks in Washington next week
  • China grappling with a pork shortage leading to higher prices

China shows signs of easing the trade war. Bloomberg’s Enda Curran reports.

Source: Bloomberg)
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China said it is encouraging companies to buy U.S. farm products including soybeans and pork, and will exclude those commodities from additional tariffs, in the latest move to ease tensions before the two sides resume trade talks.