China defends tariffs on sugar imports, says will maintain fairer trade

China’s recent decision to impose extra tariffs on sugar imports would help maintain a fairer market and trade, the Chinese commerce ministry said on Thursday, its first comment on the safeguards announced earlier this week.

The comments followed criticism of the decision by major sugar exporter Brazil, which an industry group said is set to suffer a sharp reduction in exports because of the Chinese tariffs.

Read Full at http://www.reuters.com/article/us-china-sugar-imports-idUSKBN18L0ER

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