Thursday 23 January 2020
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wn.com - 1 month ago

US and China ‘close to trade deal’

The Trump administration and China are close to finalising a modest trade agreement which would suspend tariffs that are set to kick in on Sunday. “We’re close to a deal,” said Myron Brilliant, the US Chamber of Commerce’s head of international affairs. Mr Brilliant said the administration has agreed to suspend Mr Trump’s plans to impose tariffs on 160 billion dollars in Chinese imports on Sunday and to reduce existing tariffs. In return, Beijing would buy more US farm products, increase...


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