The National Customs Administration reported that the measure has immediate effect and contemplates the entry of different varieties of the grain, but must comply with the phytosanitary standards of the country and be registered with the U.S. Department of Agriculture.
"Despite the American side now having Christmas holidays", US and China trade teams have "maintained close communication", ministry spokesperson Gao Feng said. -China trade negotiations will reach an agreement by the March 1 "hard deadline" stressed by U.S. Trade Representative Robert Lighthizer.
China 'releases' Canadian teacher Sarah McIver
Spavor has run an organization called the Paektu Cultural Exchange, promoting business and cultural ties with North Korea. Teacher Sarah McIver, from Alberta, was held earlier this month for "unlawfully working in China".
"The two sides have indeed made specific arrangements for face-to-face consultations in January in addition to continuing intensive telephone consultations", he said, without elaborating. Two phone meetings occurred in the week leading up to Christmas Day.
During the meeting in Buenos Aires, the two leaders agreed to pause the implementation of tariffs on each other's products which stirred the inflow of import and export between the two nations and the world market. The two leaders also agreed to launch new talks while the United States delayed a planned January 1 tariff increase until March 2. Beijing this week announced a third round of tariff cuts, lowering import taxes on more than 700 goods from January 1 as part of its efforts to open up the economy and lower costs for domestic consumers.
Since then, China has cut tariffs on vehicles imported from the United States, resumed the purchase of soya from the North American country and submitted a draft law to prohibit forced technology transfers. President Trump has agreed to hold off on $200 billion in additional tariffs while negotiations are taking place. The unified list is seen as an effort to address concerns from Western investors that there is no level playing field in China. The law proposed a ban on forced technology transfer and illegal government interference in foreign business operations.