China says existing U.S. tariffs must be removed for a trade deal

Existing tariffs will have to be removed if there is to be a trade deal bet...

China says existing U.S. tariffs must be removed for a trade deal

Curated via Twitter from Reuters Tech News’s twitter account….

The United States now has tariffs of 25% on $250 billion of Chinese goods, ranging from furniture to semiconductors. China welcomes the U. S. decision not to slap new tariffs on its goods, Gao said, when asked how long the trade truce can last.

The leaders of the two countries agreed last weekend to relaunch trade talks that had stalled in May after U. S. officials accused China of pulling back from commitments made in the text of a pact negotiators had said was nearly finished.

BEIJING (Reuters) – Existing U. S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China’s commerce ministry said on Thursday.

President Donald Trump had agreed not to put tariffs on about $300 billion in additional Chinese imports and ease curbs on Chinese tech giant Huawei.

Link to original article….

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China says existing U.S. tariffs must be removed for a trade deal

Existing tariffs will have to be removed if there is to be a trade deal bet...

China says existing U.S. tariffs must be removed for a trade deal

Curated via Twitter from Reuters Tech News’s twitter account….

The United States now has tariffs of 25% on $250 billion of Chinese goods, ranging from furniture to semiconductors. China welcomes the U. S. decision not to slap new tariffs on its goods, Gao said, when asked how long the trade truce can last.

China says existing U. S. China says existing U. S. Flags of U. S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in Beijing, China, May 28, 2019.

The leaders of the two countries agreed last weekend to relaunch trade talks that had stalled in May after U. S. officials accused China of pulling back from commitments made in the text of a pact negotiators had said was nearly finished.

BEIJING (Reuters) – Existing U. S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China’s commerce ministry said on Thursday.

President Donald Trump had agreed not to put tariffs on about $300 billion in additional Chinese imports and ease curbs on Chinese tech giant Huawei.

Link to original article….

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