BREAKING: Chinese Commerce Ministry spokesman says importers have struck deals to buy U.S. soybeans and pork.
FILE - In this May 13, 2019, file photo, a loader piles soybeans at the Frontier Coop in Schuyler, Neb. China's government says importers have agreed to buy American soybeans and pork. The announcement comes as the two sides make conciliatory gestures ahead of trade talks next month.
Chinese buyers have “completed deals to buy soybeans and pork of considerable scale,” said a ministry spokesman, Gao Feng. He gave no details. Trump agreed earlier to postpone a planned Oct. 1 tariff hike on Chinese imports to Oct. 15. That raises the possibility that increase might be put off indefinitely if the talks make progress.
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