China, Donald Trump and Trade
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U.S., China agree to cut tariffs
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The United States and China agreed on some preliminary changes to trade, ending a monthslong tariff standoff that worried global markets.
The tech industry is breathing a sigh of relief after the U.S. and China agreed to substantially lower tariffs, underscoring the prospect of de-escalation in a trade war that has been particularly
The S&P 500 logged its biggest gain in over a month after American and Chinese officials signaled a de-escalation in the trade war between the world’s two largest economies.
White House economic advisor Kevin Hassett said the Chinese were "very, very eager" to rebalance trade relations with the United States.
China has criticised the UK-US trade deal in a potential blow to the Government’s bid to revive relations with the country. Beijing said it was a “basic principle” that such agreements should not target other nations.
Beijing is eager to re-set trade relations with the United States amid ongoing negotiations to resolve the two countries' trade war, a top White House economic aide said on Sunday.
It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”
China warns the US to stop blaming it for the fentanyl crisis, highlighting ongoing trade tensions and calls for constructive dialogue.- Watch Video on English Oneindia
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