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Investing.com -- China has approved several new U.S. pork and poultry plants to export eligible products to the Chinese market, according to a notice posted on Chinese Customs’ website.
The approval, issued Thursday, allows these facilities to export products produced on or after June 12. This development follows recent talks between China and the United States aimed at reviving the trade truce reached during Geneva negotiations last month.
The move comes after tensions escalated in March when China imposed tariffs of up to 15% on $21 billion worth of American agricultural and food products. These tariffs were implemented as retaliation against levies placed on Chinese exports by the Trump administration.
Under the 2020 "Phase 1" trade deal negotiated during President Donald Trump’s administration, hundreds of U.S. meat plants gained access to the Chinese market. Many of these facilities lost their eligibility earlier this year. While the registrations for pork and poultry facilities have now been renewed, beef plant registrations are still listed as "expired" according to the notice.
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