China's Ministry of Commerce. /VCG
China is ready to work with the United States to create favorable conditions for two-way agricultural trade, a spokesperson for the Ministry of Commerce said on Thursday.
Responding to a question on whether China would reduce or cancel tariffs on US agricultural products, spokesperson He Yadong said agricultural trade is an important part of China-US economic and trade cooperation.
Following recent economic and trade consultations, the two sides have set guiding targets for expanding two-way agricultural trade and agreed in principle to include relevant agricultural products in arrangements under a reciprocal tariff-reduction framework, He said.
Companies will conduct trade independently in line with market principles and based on actual demand and market conditions, the spokesperson added.
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