China has reportedly told state-owned firms to stop buying U.S. soybeans and pork, a move that would break a key provision of the phase one trade deal between the world’s two largest economies.
Reuters reported on Monday, citing two unnamed sources, that the order from Beijing also applies to corn and cotton.
According to the newswire, China is retaliating against President Trump for announcing he would strip Hong Kong of its special status.
To read the rest of the story, please go to: The Hill
U.S. President Donald Trump ordered meat processing plants to stay open to protect the nation’s food supply even as workers got sick and died. Yet the plants have increasingly been exporting to China while U.S. consumers face shortages, a Reuters analysis of government data showed. …
U.S. lobster exports to China have fallen off a cliff this year as new retaliatory tariffs shift the seafood business farther north. …
With two operations centers and cold storage facilities, one in Guangzhou and the other in Shanghai, Copefrut has successfully worked China’s commercial platform since 2018 – facilitating logistics, imports and the delivery of quality services at destination. The company has almost 70 years in the market producing and exporting traditional and organic fresh fruit, and is one of the five largest fruit companies from Chile. …
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