Africa Map

African Press Agency

African Press Agency Logo
   

 Home
 Country Profile
 Useful Links
 Contact us

US/ChinaBack
[Published: Sunday May 20 2018]

 US and China halt import tariffs

 
BEIJING/WASHINGTON 20 May (ANA) - China and the US say they will halt imposing punitive import tariffs, putting a possible trade war "on hold".
 
The deal came after talks in the US aimed at persuading China to buy $ 200bn (£ 148bn) of US goods and services and thereby reduce the trade imbalance.
 
US Treasury Secretary Steven Mnuchin did not give figures, but said the US would impose tariffs worth $ 150bn if China did not implement the agreement.
 
Chinese Vice-Premier Liu He described the deal as a "win-win choice".
 
He said dialogue was the way to resolve such issues and "treat them calmly" in the future.(ANA)
FA/ANA/20 May 2018--------
 

North South News website

Advertise banner

News icon London/Protest
News icon GCC/Riyadh
News icon Sudan/Helicopter
News icon Brazil/Sex
News icon Afghanistan/Football
News icon Ethiopia/Car
News icon France/Protests
News icon Yemen/Aid
News icon DR Congo/ADF Group
News icon UN/S. Sudan

AFRICAN PRESS AGENCY Copyright © 2005 - 2007