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Trade war

China extends tariff waivers to US soybeans and pork

Beijing lengthens olive branch ahead of high-level trade talks

U.S. soybeans are harvested at a farm in Tiskilwa, Illinois.   © Reuters

BEIJING -- The Chinese government has decided to add soybeans, pork and other agricultural goods to a list of products it exempts from retaliatory tariffs against the U.S. as the two sides seek to resolve the deadlock in their trade talks.

China will buy a certain amount of the farm products in accordance with market and World Trade Organization rules, the state-run Xinhua News Agency reported Friday, quoting sources from the Commerce Ministry and the National Development and Reform Commission, the top economic planning body.

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