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China’s Opening of Agriculture Sector to Have ‘Modest’ Benefits to U.S. Farmers

China is the world’s largest importer of agricultural goods, importing $24 billion worth of American farm produce last year. Photo: VCG
China is the world’s largest importer of agricultural goods, importing $24 billion worth of American farm produce last year. Photo: VCG

China is set to further open its agricultural sector as part of an agreement with the United States — but Chinese academics have cautioned that any increase in American imports is likely to be modest, as Chinese tariffs on agricultural goods are already low.

The countries agreed on “meaningful increases in United States agriculture and energy exports, and the United States will send a team to China to work out the details.”

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