No roll-back of tariffs in trade truce with China, says US
The US and China have been embroiled in a two-year trade conflict, which has seen the exchange of punishing tariffs. – EPA pic, January 15, 2020.
THE trade truce with China set to be signed today does not include a deal to roll back tariffs imposed on most Chinese goods, said US officials in a statement yesterday. The joint statement from the Treasury and US trade representative’s office said “there is no agreement for a future reduction in tariffs. Any rumours to the contrary are categorically false”.
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