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Article Date: May 2019
Word Count: 276

China, U.S. Near Deal to End Trade War


The major sticking points of phasing out U.S. tariffs and enforcement of the deal are said to be resolved in principle following a meeting between Treasury Secretary Steve Mnuchin and USTR Robert Lighthizer with Vice Premier Liu He, clearing the way for an expected announcement of a summit meeting to sign the deal between President Trump and Chinese Premier Xi Jinping. The U.S. has agreed to lift the 10% tariff on some of the products involved in the $200 billion round of duties immediately and eliminate the tariffs on the rest of those products in a short period of time. ... Log in to view full article.

 


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