
China and the United States have set guiding objectives for expanding two-way agricultural trade and agreed in principle to include relevant agricultural products under a reciprocal tariff reduction framework following their recent economic and trade consultations, the Ministry of Commerce said on Thursday.
Speaking at a weekly news briefing in Beijing, Ministry spokesman He Yadong said agricultural trade is an integral part of China-US economic and trade cooperation.
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Companies will make trading decisions based on market principles, actual demand, and market conditions. China is willing to work with the US to create favorable conditions for expanding two-way agricultural trade, he added.
