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Day ahead – Nov. 7, 2019: US-China tariffs, Olive oil standards, Hardwood lumber

US, China agree to lift tariffs in Phase One deal; Olive oil industry presses FDA for formal product definition; Hardwood lumber industry seeks end to trade war

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The US and China have agreed to a phased roll back of tariffs as they continue talks aimed at completing a Phase One trade agreement. Meanwhile, the olive oil industry is again pushing the Food and Drug Administration (FDA) to formally define the product and the hardwood lumber industry is pressing for an end to the ongoing US-China trade war.


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