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January 3, 2019

China to remove some import, export tariffs including alternative feed meals

China plans to remove import and export tariffs in 2019 on a range of goods, including import taxes on alternative meals used in animal feed, to secure supplies of raw materials amid trade tensions with the United States and boosting outbound cargoes.

China’s trade war with the United States has unsettled the global soy market after China virtually stopped all imports of U.S. soybeans after the imposition of additional 25 percent tariffs in July.

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