U.S and China close in on trade deal: WSJ
- 5 years ago
The United States and China are reportedly in the final stage of completing a trade deal.
According to the Wall Street Journal on Sunday,... Beijing is offering to lower tariffs and other restrictions on American farm, chemical, auto, and other products,... while Washington is considering removing most, if not all tariffs placed on Chinese products since last year.
While both sides are optimistic,... they remain cautious as hurdles remain for both sides.
The report added that a trade deal signing could take place during a summit between President Trump and Xi at the end of March.
According to the Wall Street Journal on Sunday,... Beijing is offering to lower tariffs and other restrictions on American farm, chemical, auto, and other products,... while Washington is considering removing most, if not all tariffs placed on Chinese products since last year.
While both sides are optimistic,... they remain cautious as hurdles remain for both sides.
The report added that a trade deal signing could take place during a summit between President Trump and Xi at the end of March.