Advertisements
//
you're reading...
Trade & Investment

The Trump administration has reportedly discussed a China trade deal that would lift some tariffs


Donald Trump and Xi Jinping

Donald Trump and Xi Jinping

The Trump administration has reportedly discussed a plan to offer China a deal that would include a rollback of some tariffs, potentially defusing tensions in a more than yearlong trade war that has rattled the world’s largest economies.

Bloomberg reported Thursday that under the agreement, the US would remove some of its punishing tariffs on Chinese goods in return for commitments on increased farm purchases and changes to intellectual property rules.

The White House did not immediately respond to an email requesting comment.

Ahead of trade meetings set to take place in Washington in early October, the two sides have offered modest olive branches in recent days.

China said Wednesday it would shield 16 American product types from retaliatory tariffs for one year from next Tuesday. While the move was seen in part as a way to mitigate domestic costs, Trump announced hours later he would delay some planned escalations for two weeks.

Source: Business Insider – The Trump administration has reportedly discussed a China trade deal that would lift some tariffs

Advertisements

About uwe.roland.gross

Don`t worry there is no significant man- made global warming. The global warming scare is not driven by science but driven by politics. Al Gore and the UN are dead wrong on climate fears. The IPCC process is a perversion of science.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisements

China Daily Mail

China Daily Mail is not affiliated in any way with The China Daily or the government of the People's Republic of China.

Enter your email address to receive an email each time an article is published, or join our RSS feed. 100% FREE.

Want to write for China Daily Mail?

Read “Contributor Guidelines” above to join our team of 76 contributors. Write news or opinion about issues in China, or post photos and video. Promote your own site.

Recent Posts

China Daily Mail Stories Have Been Featured In:

Advertisements
%d bloggers like this: