Tag: Trade War
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China halves tariffs on more than 1,700 US goods
China plans to halve tariffs on 1,717 goods it imports from the US as the country faces the fresh challenge of the coronavirus. Chinese officials said tariffs on some goods would be cut from to 5% from 10%, and on others from 5% to 2.5%. The two countries have been stuck in a long-running trade…
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Trade war: Trump says no need to rush on China talks
US President Donald Trump has said he is in “absolutely no rush” to finalise a trade agreement with China, hours after the US more than doubled tariffs on many Chinese products. He said bilateral talks, due to resume in Washington later on Friday, were continuing in a very “congenial” way. The US action, a sharp…