China, U.S. agree tariff cuts on $30 billion in imports each
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China and the United States agreed to reciprocal tariff reductions. The agreement covers approximately $30 billion in imports from each country. This follows recent economic and trade talks. Tariffs on about 90% of the affected products will return to most-favored-nation rates.
Beijing, Sept. 28 (SANA) China and the United States have agreed on reciprocal tariff reductions covering about $30 billion worth of imports from each side, China’s Commerce Ministry said Monday, following their latest economic and trade talks. Tariffs on around 90% of the products covered would return to most-favored-nation rates, the ministry said. The reductions […]