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REPORT THAT CHINA WON'T ENFORCE TARIFFS ON AG PRODUCTS BOOST SOYBEAN, PORK PRICES
May 15, 2018
BrownfieldAgNews reports:
Reports that China will back away from its threats to slap tariffs on U.S. farm goods helped bolster pork and soybean futures on Monday.
According to the Wall Street Journal, China might remove its threatened agricultural tariffs in exchange for the U.S. removing sanctions imposed on Chinese phone company ZTE for selling equipment to Iran.
A second round of China-U.S. trade talks get underway Tuesday in Washington.
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