Wednesday, 04 December 2019
China may face the problem of import duties on soybeans from the United States
Import duties of 30% on U.S. soybeans may have to soon pay to China, according to Bloomberg on December 3.
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The problem for Beijing may occur due to the fact that the limit on duty-free importation of soybeans from the United States coming to an end: the Chinese have already bought 9.3 million tons of beans in the United States.
However, the Chinese side, the sources of Agency, does not offer the States to amend the previous conditions, waiting for progress in negotiations on the trade deal.
We will remind, duty-free import of soybeans from the U.S. to China is as long as the Chinese will purchase 10 million tons of this raw material. Everything will be bought outside the quota, the Americans will impose duties.
Photo: gastronom
Translated by service "Yandex.Translation"
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