China to cut some tariffs next week |

China to cut some tariffs next week

China to cut tariffs on soybeans, pork, beef, chicken on Feb. 14, Bloomberg reported.

Punitive tariffs on soybeans will go down to 27.5% from 30%, and to 30% from 35% for pork, beef, and chicken, Bloomberg said. These rates are higher, as these goods were also hit with tariffs in 2018, which will remain in place.

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