China, US Work on Tariff Cuts Covering $30 Billion of Trade
politicstariffsus-foreign-policyworldchina 5 posts · 3 accounts
China and the United States are working on a tariff reduction plan covering $30 billion in bilateral trade, according to statements from Beijing and Washington’s commerce ministry.
The Chinese ministry said both governments are maintaining close communication on the proposal, which was initially agreed upon during a recent summit. Beijing is currently seeking opinions on the planned cuts ahead of implementation.
From the sources (5 posts)
@financialjuiceChina, US working on tariff cut plan agreed during summit.
@firstsquawkCHINA, US WORKING ON TARIFF CUT PLAN AGREED DURING SUMMIT
@firstsquawkCHINA, US MAINTAIN CLOSE COMMUNICATION ON TARIFF CUTS: MOFCOM
@financialjuiceChina, US maintain close communication on tariff cuts - MofCom.
@reutersBeijing seeks opinions on planned China-US tariff cuts on $30 billion in trade