US suspends tariffs on UK in goodwill gesture (Agri-pulse)

Agri-Pulse published an article stating that the Biden administration is following through on promises to amass the support of allies before it confronts China, which currently maintains billions of dollars’ worth of tariffs on U.S. agricultural commodities. Many of those tariffs are not currently in effect as a result of the “phase one” deal struck between the U.S. and China in February last year. Joseph Glauber, a senior fellow at IFPRI warns that the Chinese tariff-relief is not permanent and is only the result of arbitrary decisions by the government to temporarily exempt some U.S. farm products from the tariffs.