The Chinese government has begun approvals to restart imports of corn, cotton, pork and sorghum from the U.S. That’s one of the commitments made following a meeting between President Xi and President Trump nearly a month ago. The move comes just ahead of a new round of talks between the two countries and is vital to maintain the fragile peace between the two. There was a 5.5% drop in global U.S. exports of food and beverages in June, largely down to China’s tariffs. In terms of the potential uplift in exports to China there’ll be constraints from harvest seasonality. The maximum exports ...
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