US will not increase duties on Chinese goods to 30%

It is reported by the Associated Press.

China, in turn, intends to acquire US agricultural products worth $ 40-50 billion, the agency writes.

Duties on Chinese goods were supposed to rise on October 15 from 25 to 30%.

Earlier, US President Donald Trump announced the achievement of a “significant phase” of a trade deal with China.

Bloomberg, citing a source, said the United States and China were able to come to a partial agreement that would allow a ceasefire in the trade war and lay the foundation for a new, broader deal.

The expert at the RISI Center for Economic Research, Vyacheslav Kholodkov, in an interview with the FBA “Economics Today” evaluated the relations between the USA and China.