Chinese officials announced they’re looking at waiving some retaliatory tariffs on some U.S. pork and soybeans. Minnesota Pork Producers Association President Greg Boerboom says that may be a positive sign there could be an eventual resolution of the trade war.
He says despite the additional 60 percent tariffs China’s put on U.S. pork, export sales have been picking up recently.
Boerboom says the Chinese have an appetite for pork and with their African Swine Fever problems they have a need for U.S. pork.
The U.S. and China have been laying the groundwork this week for a delay in the fresh round of U.S. tariffs against China set to kick in on December 15. The U.S. wants China to commit to purchasing U.S. farm products President Trump is insisting on for a near term deal.
