China Presses Washington for Tariff Cut in Trade Deal
Techlife News|November 16, 2019
China Presses Washington for Tariff Cut in Trade Deal
China pressed Washington on Thursday to roll back punitive tariffs in a tentative trade deal.

A tariff cut is an “important condition” for the agreement that is part of talks on ending a costly trade war, said Commerce Ministry spokesman Gao Feng.

Beijing said last week American negotiators agreed to roll back penalties imposed in September on $112 billion of Chinese imports if an agreement goes ahead. President Donald Trump dismissed that a day later, jolting global financial markets.

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November 16, 2019