In a positive gesture,
China said on Friday that it will waive import
tariffs for some soybeans and pork shipments from the
United States, as the two sides try to thrash out a broader agreement to defuse their protracted trade war.
The tariff waivers were based on applications by individual firms for U.S. soybeans and pork imports, the finance ministry said in a statement, citing a decision by the country's cabinet.
China had imposed the levies in response to tariffs launched by
Washington over allegations that China steals and forces the transfer of
American intellectual property to Chinese firms, known as Section 301.