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Article Date: October 2019
Word Count: 415

China Signals Optimism for Limited Trade Deal

As bilateral trade talks are set to reopen in Washington tomorrow, China is open to negotiating a limited deal that would include more agricultural purchases in exchange for the Administration calling off some tariffs, Bloomberg reported, citing an inside source. Specifically, the Chinese want the U.S. to scuttle the scheduled Oct. 15 increase to 30% of the existing 25% tariffs on $250 billion of imports and the Dec. 15 imposition of 15% tariffs on $156 billion of List 4b products. But the South China Morning Post noted that the trade talks, the first on U.S. soil since negotiations broke down ... Log in to view full article.


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