US postpones next tariff hike after China trade talks

Saturday, 12 October 2019 - 7:56

US+postpones+next+tariff+hike+after+China+trade+talks

The US has agreed to suspend its next tariff hike on Chinese imports after two days of trade talks in Washington.

US President Donald Trump said negotiators had reached a "phase one deal" that would include increased agricultural purchases and address financial services and technology theft.

The US was due to raise tariffs on some Chinese goods to 30% next week.



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