The U.S. and China mutually agreed to lift some tariffs in what appears to be the beginning of a potential trade deal, China’s commerce ministry announced Thursday.
Read MoreUS, China Agree to Lift Tariffs, Chinese Officials Say
Tag: trade war
Trump, China Reach ‘Phase One’ of Tentative Trade Agreement
President Donald Trump said he reached “phase one” of a tentative U.S.-China trade deal after meeting with Chinese Vice Premier Liu He Friday.
Read MoreCommentary: President Trump’s Trade War With China Is a Moral and Economic Fight for the Future of the World
Ask yourself if you were President, what would you do if you discovered that a foreign country has been waging an underground war against the nation you are sworn to protect surreptitiously killing tens of thousands of your people every year by pouring a drug so deadly that merely accidentally touching a small amount could kill you?
Read MoreChina to Raise Tariffs on Another $75 Billion in US Goods
China will raise tariffs on $75 billion of U.S. goods and resume 25% tariffs on American autos to retaliate against U.S. President Donald Trump’s planned September 1 duty increase.
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