Some US goods' exemption from tariffs to ease tension

Donald Trump said the delay in tariffs was a

China announced the first group of products for exclusion from the initial round of additional tariffs on United States imports scheduled to take effect on Tuesday, the Customs Tariff Commission of the State Council said in a statement on Wednesday.

On Wednesday, Trump wrote in a post on Twitter that the United States had agreed to delay increasing tariffs on $250 billion U.S. worth of Chinese imports from October 1 to October 15 "as a gesture of good will".

Chinese importers bought at least 10 boatloads of U.S. soya beans on Thursday, their most significant purchases since at least June, traders said, ahead of high-level talks next month.

It comes as the two sides prepare to hold fresh talks aimed at resolving their long-running trade dispute.

China added Thursday that it was "making enquiries" about buying American farm products including big-ticket items like pork and soybeans, not on its previous list of spared goods.

The soybean purchases, which at more than 600,000 tonnes were the largest by Chinese private importers in more than a year, are slated for shipment from U.S. Pacific Northwest export terminals from October to December, two traders with knowledge of the deals said.

Chinese leaders are resisting USA pressure to roll back plans for government-led creation of global competitors in robotics and other industries.

Washington, Europe, Japan and other trading partners say those plans violate China's market-opening commitments and are based on stealing or pressuring companies to hand over technology.

He admitted that he did delay some of the proposed economic tariffs in October by a couple of weeks until after China celebrated their 70th anniversary founding of the People's Republic of China.

But Trump's trade advisers are not considering an interim trade deal with China that would further push out or roll back some United States tariffs, the CNBC network reported on Thursday, rebutting a Bloomberg report that a limited deal was under consideration.

USA meat traders have been anticipating a pork shortage in China due to an outbreak of African swine fever, a fatal pig disease that has reduced the Chinese herd by a third since it arrived in the country more than a year ago. Some have been hit with increases a couple of times, while about $50 billion of USA goods is unaffected, possibly to avoid disrupting Chinese industries.

Washington also imposed curbs on sales of USA technology to Huawei Technologies Ltd., one of the biggest makers of smartphones and telecom switching equipment. Mid-level teams will meet soon to prepare for higher level talks, he said, reiterating that both sides are communicating without giving a date for the meeting between the top negotiators.

By delaying his tariff hike, Trump allowed for the possibility they might make enough progress to avert the increase indefinitely. Moody's Analytics estimates that Trump's tariff policy has already cost the USA economy 300,000 jobs and could rise to 450,000 jobs later this year once the full effect of the additional tariffs kick in.

The U.S. and China have slapped import taxes on hundreds of billions of dollars' worth of each other's products in a tariff war that has weighed on global trade and economic growth and created uncertainty for businesses deciding where to situate factories, find suppliers and sell their products.

U.S. President Donald Trump, right, and Chinese President Xi Jinping have been locked in a protracted trade war.

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