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China Suspends Imports of US Logs and Soybeans From Three Firms

(Bloomberg) -- China has halted soybean imports from three US entities, further ratcheting up trade tensions between the world’s two largest economies.

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The nation halted qualifications for soybean exports from CHS Inc., Louis Dreyfus Company Grains Merchandising LLC and EGT LLC, its General Administration of Customs said in a notice late Tuesday.

China also suspended log imports from the US, the government said in a seperate statement, citing pests found in shipments.

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