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China suspends planned tariffs on US goods
Updated On: 16 December, 2019 12:00 AM IST | | Agencies
The move follows US President Donald Trump-s cancellation of new tariffs on Chinese products as part of a -phase one- trade deal
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A file picture of US President Donald Trump (left) and Chinas President Xi Jinping leaving a business leaders event in Beijing. "We have agreed to a very large Phase One Deal with China," President Trump tweeted recently after officials in Beijing made a
Beijing: Beijing suspended additional tariffs on US products that had been due to kick in on Sunday, after Washington and Beijing announced a major thaw in their trade war Friday.
China will suspend the planned addition of 10 per cent and 5 per cent tariffs on some US imports, and "continue to suspend additional tariffs on US-made autos and spare parts", China-s finance ministry announced Sunday.
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