US-China trade negotiations Trump administration postpones tariff surrender in principle agreement December 13th 11:45
The US Trump administration has decided to postpone measures to add tariffs on imported goods from China that reached a first-stage principle agreement in trade negotiations with China and the launch date was imminent. Reported by several media.
The United States is also considering reducing tariffs that have already been added to a certain extent, and there is growing interest in the trade friction between the US and China, which was the biggest risk of the world economy.
Regarding trade negotiations between the US and China, President Trump posted on Twitter on the 12th: “We are very close to a big agreement. China wants it and the US is the same.”
After this, President Trump discussed the response with the relevant ministers at the White House, and several US media reported that the US and Chinese governments had reached the first-stage principle agreement.
The agreement states that China may purchase $ 50 billion of American agricultural products next year, double that before trade frictions intensified.
Based on this, President Trump is planning to postpone the action planned to add a 15% tariff on $ 160 billion for smartphones and clothing imported from China, which was planned on the 15th of this month. .
The United States is also considering reducing tariffs that have already been added to a certain extent, and there is growing interest in the trade friction between the US and China, which was the biggest risk of the world economy.