China has agreed to import US $ 50 billion worth of US produce next year, according to Reuters news agency.
Instead, the United States has suspended 15 percent tariffs on $ 165 billion worth of Chinese goods, including iPhones and toys, which were scheduled for the 15th of this month. I told you.
The United States currently charges 25% tariffs on $ 250 billion of Chinese imports and 15% tariffs on other $ 110 billion Chinese products.
Earlier, Bloomberg News said President Donald Trump has signed a first-phase agreement on US-China trade talks.
The White House has declined to confirm this, and no official announcement has been made in China.
The Washington Post (WP) quoted the source as early as 13 days, the US Trade Representative of the US Trade Representative (USTR) and Chinese Ambassador to the United States of China, Tsui Tiankai, signed the first phase agreement as representatives of the two countries, or The US Treasury Secretary says a signing ceremony is being held in China.
US-China Level 1 Trade Agreement… US, US $ 50 Billion to Buy US Produce
2019-12-13T01:28:13.422Z
China agreed to import $ 50 billion worth of US produce next year, according to Reuters quoted sources. Instead, the US said it would hold 15 percent tariffs on $ 165 billion worth of Chinese goods, including iPhones and toys, which were scheduled for the 15th of this month, and ease the high tariffs already in effect.
Source: sbskr