“Tariff reductions on agricultural products would mark a normalisation of China-US farm trade, allowing commercial buyers to re-enter the market,” said Johnny Xiang, founder of Beijing-based AgRadar Consulting.<\/p>\n
The ministry said both sides agreed to “resolve or make substantive progress” on non-tariff barriers and market access issues.<\/p>\n
China will work to address US concerns over registration of beef facilities and poultry exports from certain US states, it said.<\/p>\n
Beijing on Friday granted five-year registration extensions to 425 US beef plants that had largely been shut out after their registrations lapsed last year, and approved new five-year registrations for 77 additional US facilities.<\/p>\n
US Secretary of Agriculture Brooke Rollins wrote in a post on X on Saturday that China agreed to implement beef commitments that include resuming imports from 17 US states.<\/p>\n
US Trade Representative Jamieson Greer said on \u200cFriday the US expects China to buy “double-digit billions” worth of US farm goods over the next three years, although neither side has yet released details on specific products, values or volume.<\/p>\n","protected":false},"excerpt":{"rendered":"“Tariff reductions on agricultural products would mark a normalisation of China-US farm trade, allowing commercial buyers to re-enter…\n","protected":false},"author":2,"featured_media":675759,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164,172421,7032],"class_list":["post-675758","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy","tag-reciprocal-tariffs","tag-us-china"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/675758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=675758"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/675758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/675759"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=675758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=675758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=675758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}