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UPDATE: U.S.-China Trade Relations

May 24, 2018

The Trump Administration announced on Sunday that it would hold off on imposing the Section 301 tariffs on Chinese imports amid ongoing negotiations. The American Soybean Association (ASA) welcomes this announcement, and supports the meaningful progress the Administration has made to find a negotiated solution to the Section 301 concerns.

President Trump also announced that China had agreed to purchase “massive amounts of additional farm/ ag products.”

ASA welcomes the opportunity for U.S. agriculture and soybean growers to be part of a solution to increase exports to China.