China grants new tariff waivers for U.S. soybean imports: Bloomberg

FILE PHOTO: Workers are seen next to a truck unloading harvested soybeans at a farm in Chiping county, Shandong province, China October 8, 2018. REUTERS/Stringer/File Photo September 24, 2019
BEIJING (Reuters) – China has granted new waivers to several domestic state and private firms exempting them from retaliatory tariffs on soybeans imported from the United States, Bloomberg said, citing unidentified sources familiar with the matter.
It said the waivers would apply to between 2 million tonnes and 3 million tonnes of U.S. soybeans. Some of the companies have already bought at least 20 cargoes, or about 1.2 million tonnes of soybeans, on Monday, it added.

(Reporting by Beijing Monitoring Desk; Editing by Clarence Fernandez)


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