China, US Maintain Close Communication on Tariff Reduction Arrangement
10 Articles
10 Articles
China, US maintain close communication on tariff reduction arrangement
China and the United States are maintaining close communication on implementing a reciprocal tariff-reduction framework that would cover $30 billion worth of products from each side, China's Ministry of Commerce said on Thursday.
China expressed its hope for United States cooperation to implement reciprocal tariff reductions involving imports of $60 billion, and linked its increased agricultural procurement to the implementation of the Agreement, amid the continuation of trade talks between the two countries.
China and the US discussed the mutual reduction of tariffs on imports worth approximately $30 billion from each side during the first meeting of ... The article China – US consider mutual reduction of tariffs on imports worth $30 billion from each side was published in NewsIT.
The mutual duty reduction agreement will help stabilise and expand bilateral trade and business communities in both countries have high expectations of this, said Minister He Yadong's spokesperson at a regular press conference.
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