# US: China lifts some trade barriers in phase one | 2020-02-25  | Agri-Pulse Communications, Inc.

> China has begun accepting tariff exemption applications from Chinese importers under the phase one deal, starting Monday. Eligible US products include soybeans, pork, corn, wheat, sorghum, soyoil and beef. China also approved fresh potatoes from the Pacific Northwest and lifted restrictions on pet food.

- Date: 2020-02-25 · published 2020-02-25T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/54479-us-china-lifts-some-trade-barriers-in-phase-one-2020-02-25-agri-pulse
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Exemptions could lower the landed cost of US feed grains and meats for Chinese buyers, supporting US export demand. Analysts expect actual purchases to start only in late March, with delivery in June or July.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- HOGS: bullish ▲
- WHEAT: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | -1.6% | -3.9% |
| SOY | 2020-07-22 | [China ramps up US soy purchases on good prices \| 2020-07-22  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52160-china-ramps-up-us-soy-purchases-on-good-prices-2020-07-22-agri-pulse.md) | +0.0% | +1.7% |
| SOY | 2020-08-10 | [China soy-buying binge from US continues \| 2020-08-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/51599-china-soy-buying-binge-from-us-continues-2020-08-10-agri-pulse-communications.md) | +3.8% | +11.4% |
| SOY | 2022-06-08 | [Yellen critical of US tariffs on China \| 2022-06-08 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14923-yellen-critical-of-us-tariffs-on-china-2022-06-08-agri-pulse-communications-inc.md) | -1.7% | -7.9% |
| SOY | 2020-05-06 | [US Soybean exporters face new threats home and abroad \| 2020-05-05  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/53222-us-soybean-exporters-face-new-threats-home-and-abroad-2020-05-05-agri-pulse.md) | +1.3% | +2.3% |
| CORN | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | +0.3% | -2.4% |
| CORN | 2022-06-08 | [Yellen critical of US tariffs on China \| 2022-06-08 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14923-yellen-critical-of-us-tariffs-on-china-2022-06-08-agri-pulse-communications-inc.md) | -1.5% | -0.6% |
| CORN | 2020-12-31 | [China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn \| 2020-12-31  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/49499-china-heads-to-end-of-2020-with-big-imports-of-us-soy-wheat-sorghum-and-corn.md) | +6.2% | +17.5% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/13219-us-china-lifts-some-trade-barriers-in-phase-one

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.