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China just removed tariffs from some American exports - but ranchers are still going to feel the pain as farm produce still faces levies

9 days ago   |   By Business Insider

China's Foreign Ministry announced on Wednesday morning that it would be removing tariffs from certain American exports.
The total number currently is 16, including some foodstuffs and lubricants, according to Bloomberg.
But American farmers will still feel the strain of the trade war as "big ticket" agricultural goods like soybeans and pork haven't been included.
Experts are also warning not to look too much into the news, saying that the tariff exemption could be more to benefit China domestically than to offer an olive branch ahead of trade negotiations.
Hong Kong's Hang Seng index rose...
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