The trade deal to be signed this week will include pledges by China to buy US$200 billion of US goods over two years in four industries, a Trump administration official and two other sources briefed on the matter said.
trade war recent news
Gold Price Forecast Bearish on GDP Data, Easing Trade Tensions
US-CHINA TRADE WAR: THAWING RELATIONS OR TEMPORARY RESPITE?
On Thursday, the US and China reached a “phase 1” deal in principle. Officials are expected to delay the much-dreaded December 15 tariff hike which would see Washington impose over $160 billion worth of levies against Chinese-imported goods. Beijing also announced on the same day that it intends on purchasing $50 billion worth of US agricultural goods.
China And US Have Agreed To Cancel Existing Tariffs In Different Phases
Chinese Commerce Ministry: China And US Have Agreed To Cancel Existing Tariffs In Different Phases -If China And US Reaches Phase 1 Trade Deal, Both Sides Must Cancel Existing Tariffs At The Same Time, With The Same Proportion Based On Agreement
Breaking News: U.S.-China Trade Deal Signing could be Delayed to December; London a Possible Venue
A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue, a senior official of the Trump administration told Reuters on Wednesday.
Trade War Update: China and US to hold phone Talks on Friday after Apec setback, Scheduled on November 16 and 17
Top trade negotiators from China and the United States will hold a phone conversation on Friday, the Chinese commerce ministry has announced, as the countries’ talks remained on track despite plans for their respective presidents to meet in Chile being disrupted.