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RSS FeedsChina said to halt some U.S. farm imports of soybeans, pork as tensions escalate
(WorldNews Business)

 
 

1 june 2020 13:13:44

 
China said to halt some U.S. farm imports of soybeans, pork as tensions escalate
(WorldNews Business)
 


Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods including soybeans as Beijing evaluates the ongoing escalation of tensions with the U.S. over Hong Kong, according to people familiar with the situation. State-owned traders Cofco and Sinograin were ordered to suspend purchases, according to one of the people, who asked not to be identified discussing a private matter. Chinese buyers have also canceled an unspecified number of U.S. pork orders, one of the people said. Private companies haven’t been told to halt imports, according to one of the people. The halt is the latest sign that the hard-won phase-one trade deal...


 
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