No agreement to reduce tariffs in US-China trade deal: Officials
The pact, a “phase one” deal, is expected to reduce tensions between the two economic giants.
The pact, a “phase one” deal, is expected to reduce tensions between the two economic giants.
So far, Washington has imposed tariffs on some $250 billion of Chinese goods, while Beijing has retaliated with tariffs on $110 billion of US products.
Trump said he was planning a $15 billion aid package for US farmers hurt by Chinese tariffs.
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The US targeted a total of 1,300 Chinese goods, from advanced manufacturing and aerospace to information technology and robotics.
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US President Donald Trump has signed an order imposing tariffs worth $60 billion in Chinese imports in his strongest trade…