China Open to Buying More US Farm Goods, But Tariff Cut Must Come First

Cointime update: China’s Ministry of Commerce said on the 5th that it remains open to expanding purchases of US agricultural products, but only if the agreed “300-for-300” reciprocal tariff reduction is implemented. Spokesperson Huang Ling said agricultural trade is an important part of bilateral economic cooperation and urged both sides to cut tariffs, reduce non-tariff barriers and widen market access.