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Is This Why Trump Folded: China Holds Up U.S. Pork, Auto Imports

•, by Tyler Durden

What surprised most, however, is that Trump appears to make this concession out of the blue, without any obvious pressure out of China which has been patiently biding its time until the US implements sanctions under Section 301.

Maybe not: according to Reuters, on Monday China's customs said it had ramped up inspections of U.S. pork and had taken unspecified regulatory steps on high-risk waste imports. In a move that could potentially cripple another group of exporting US farmer, China's General Administration of Customs said it has increased inspections of U.S. pork imports "after finding problems recently", according to a fax it sent to Reuters.

Today's news confirms a report from Reuters which last week, according to which Beijing had stepped up inspections of pork imported from the United States, a move that many saw as a warning by Beijing in response to sweeping U.S. trade demands made on China.

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