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CHINA LIFTING TARIFFS ON FARM PRODUCTS IN WAKE OF CORONAVIRUS'S SPREAD
Feb. 19, 2020
POLITICO reports:
Beijing announced Tuesday that it will allow importers to apply for tariff exemptions for nearly 700 U.S. products including farm and energy goods, as China continues grappling with the coronavirus, our partners at the South China Morning Post report.
China has leaned on foreign sources of meat as well as medical products because of newfound limitations on its own output. Beijing is also removing an import ban on all U.S. poultry because of the H5N1 bird flu threat to Chinese farms. The latter move took effect Friday along with the "phase one" U.S.-China trade deal.
Related: Thousands of containers of meat products are piling up at major Chinese ports because of labor shortages and transport restrictions aimed at controlling the coronavirus.
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