SMM Network News:
Q: a spokesman for China's Ministry of Commerce has just made a statement on the suspension of new US agricultural procurement by relevant Chinese enterprises. What is the comment of the Ministry of Foreign Affairs?
A: it is understood that since the US side announced a few days ago that it intends to impose a 10 per cent tariff on US $300 billion worth of Chinese goods exported to the United States, seriously violating the consensus of the Osaka meeting between the heads of state of China and the United States, the tariff Commission of the State Council has temporarily not ruled out levying import tariffs on the purchase of new US agricultural products after August 3, and relevant Chinese enterprises have suspended the purchase of US agricultural products. The relevant Chinese authorities said that China has a large market capacity and bright prospects for importing high-quality agricultural products from the United States, but hopes that the US side will conscientiously implement the consensus reached at the Osaka meeting between the heads of state of China and the United States, live up to their promises, and implement their promises, so as to create the necessary conditions for cooperation in the agricultural field between the two countries.
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