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Wed, 20 Nov 2019 12:24 GMT

China Says it Agreed with the US to Phase out Tariffs

Politics

7Dnews London

Thu, 07 Nov 2019 12:39 GMT

Beijing and Washington have agreed over the past two weeks to abolish customs duties exchanged by countries in the months-long trade war at various stages, the Chinese Ministry of Commerce said, Reuters reported on Thursday, November 7th. 


Ministry spokesman Gao Feng said China and the United States should reciprocate the cancellation of some tariffs in order to reach the "one phase" of the trade agreement.

Asia