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The Economic Times

National / The Economic Times

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China renews licences for hundreds of US beef exporters amid Trump-Xi summit

China has reinstated export licenses for over 400 U.S. beef processing plants, including those of major players like Tyson Foods and Cargill. This move comes as leaders from both nations convened in Beijing. The renewal follows a significant drop in U.S. beef exports to China last year after numerous plant registrations expired, impacting billions in trade.

14 May 2026 10:27 am