Chinese importers have set deals to buy American soybeans and pork, the Ministry of Commerce said Thursday, as the two governments make conciliatory gestures ahead of trade talks.
The announcement follows Beijing’s decision to lift punitive tariffs on soybeans, China’s biggest import from the United States.
Chinese buyers have “completed deals to buy soybeans and pork of considerable scale,” said a ministry spokesman, Gao Feng. He gave no details.
Negotiators are due to meet next month in Washington for a 13th round of talks aimed at ending the dispute over trade and technology that threatens to tip the global economy into recession.
FILE – In this May 23, 2019, file photo, a farmer plants soybeans in a field in Springfield, 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. (AP Photo/Nati Harnik, File)President Donald Trump and his Chinese counterpart, Xi Jinping, agreed in June to resume stalled talks. But there has been no sign of progress.