Published: Mon, March 04, 2019
Global News | By Blake Casey

Trump asks China to remove tariffs on US farm products

Trump asks China to remove tariffs on US farm products

Trump stated today that he is planning on having summit level talks with Chinese President Xi Jinping at Florida and will cement a viable trade deal if effective progress is made.

PRESIDENT Donald Trump yesterday urged China to abolish tariffs on agricultural products imported from the U.S., adding that trade talks between the rival powers are going well. "This is very important for our great farmers and me!" wrote Trump.

In making the demand, Trump noted in a tweet Friday that he refrained from increasing US tariffs on Chinese goods to 25 percent from 10 percent on March 1, as he said he would in the absence of progress toward an agreement.

While a rise in import duties on Chinese goods from 10% to 25% was due to come into effect on 1 March, the United States is now planning a summit with Chinese President Xi Jinping at Mr Trump's Mar-a-Lago resort in Florida.

Farmers are considered as a significant constituency for the Republican Party of Trump, and the trade war of the USA president with China has had a massive impact on them.

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President Donald Trump asked China in a tweet Friday to lift all of its tariffs on American agricultural products, pointing to his decision to delay a second round of tariffs and to improving trade relations with China.

Donald Trump is asking China to end its tariffs on American agriculture, news that should seemingly send a jolt through crop markets.

A spokesperson for the high profile but largely ceremonial advisory body, Guo Weimin, said to China's parliament: "China and the United States reaching a mutually-beneficial, win-win agreement as soon as possible is not only good for the two countries but is also good news for the world economy".

Those exports plummeted last summer, when China imposed tariffs on U.S. soybeans and other agricultural products. In another late Friday tweet on February 22, Agriculture Secretary Sonny Perdue said more soybean purchases from China were coming. "But we'll see", Mr Trump said at a press conference in Hanoi.

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