google-site-verification=oa7ebK-QKiSPCvxPx2UBppJir9nAxs1BKixIBTtNDbY
Wednesday , September 22 2021
Home / International / US, China agree to address trade disputes; to hold proposed increased tariffs from next month pending new talks

US, China agree to address trade disputes; to hold proposed increased tariffs from next month pending new talks

The US  President Donald Trump and his Chinese counterpart Xi Jinping,  have agreed not to impose new tariffs from January 1, 2019, and pledged to continue negotiations to seek a way out of the ongoing trade war.

This follows a highly successful meeting in Buenos Aires between the leaders of the two largest economies.

Trump has also agreed to hold off on raising existing tariffs on 200 billion Dollars for 90 days, pending new talks.

US tariffs on 200 billion Dollars of Chinese goods were scheduled to increase from 10 per cent to 25 per cent starting January 1, 2019

Check Also

Saudi Arabia ready to offer ‘good offices’ to ease Pak-India tensions

21-09-2021 By SJA Jafri + Bureau Report + Agencies RIYADH/ ISLAMABAD/ NEW DELHI/ KABUL: In …

Leave a Reply

Your email address will not be published. Required fields are marked *