China is ready to work with the United States to create favorable conditions for bilateral agricultural trade, a spokesperson for the Ministry of Commerce said Thursday (2), according to a note from the Xinhua news agency. Responding to a question about whether China would reduce or cancel tariffs on US agricultural products, spokesperson He Yadong said that agricultural trade is an important part of economic and trade cooperation between China and the US. Following recent economic and trade consultations, the two sides established guiding goals for expanding bilateral agricultural trade and agreed in principle to include relevant agricultural products in arrangements within a framework of reciprocal tariff reduction, He said. Companies will conduct trade independently, according to market principles and based on actual demand and market conditions, the spokesperson added.
This text was translated by machine from Brazilian Portuguese.