Washington will eliminate some tariff benefits for Thailand, saying the country has failed to allow imports of pork from US producers, the US Trade Representative (USTR) announced on Friday.
Washington will eliminate some tariff benefits for Thailand, saying the country has failed to allow imports of pork from US producers, the US Trade Representative (USTR) announced on Friday.
The move suspends duty-free access for US$817 million in goods starting Dec 30 due to the “lack of sufficient progress providing the United States with equitable and reasonable market access for pork products,” despite 12 years of discussions, USTR said in a statement. Read more…..
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The trade war with China rages on. Beijing now says it will cut tariffs on frozen pork, some medications, and tech components starting Jan. 1. It applies to all countries, not just U.S. imports, and comes ahead of the signing of that phase-one trade deal with the Trump administration.
