China to waive tariffs on some U.S. soybeans, pork

BEIJING (Reuters) - China said on Friday it will waive import tariffs for some soybeans and pork shipments from the United States, as the two sides try to thrash out an 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. It did not specify the quantities involved.China imposed tariffs of 25% on both U.S. soybeans..