The Latest: US suspends tariff hike in limited China deal

ABC News Finance 1 month ago

The Latest on U.S.-China trade talks (all times local):

3:59 p.m.

The United States is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two biggest economies reached a cease-fire in their 15-month trade war.

The two countries are leaving the thornier issues — including U.S. allegations that China forces foreign countries to hand over trade secrets in return for access to the Chinese market — until later negotiations.

The tariffs on $250 billion in Chinese imports was set to rise Tuesday from 25% to 30%.


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USA Today › 1 month ago
US suspends Tuesday's Chinese imports tariff hike
The New York Times › Finance › 1 month ago
The Latest on U.S.-China trade talks (all times local):
ABC News › 1 month ago
Treasury Secretary Steven Mnuchin warned of a coming tariff hike if China does not finalize the specifics of a newly negotiated partial trade deal.
ABC News › Finance › 1 month ago
US suspends plans to hike tariffs on $250 billion in Chinese imports Tuesday and keep talking
Axios › Finance › 4 days ago
Commerce Secretary Wilbur Ross said Monday on Fox Business that time is running out for the U.S. and China to agree on a trade deal before Dec. 15, when the U.S. is set to impose an additional 15% tariff on around $156 billion worth of Chinese goods...
CNBC › 1 month ago
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff escalation remained a serious risk.
Chicago Tribune › Finance › 1 month ago
The U.S. and China reached a cease-fire in their 15-month trade war on Friday and agreed to leave thornier issues until later negotiations.
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President Donald Trump announced a U.S.-China 'phase 1' trade deal, tariff truce on Friday after a months-long standoff.
Reuters › Finance › 1 month ago
The United States is weighing a currency pact with China as part of a partial deal that could see a planned tariff hike next week being suspended, Bloomberg reported https://bloom.bg/35vnu7g on Wednesday, citing people familiar with the talks.
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