China holding in-depth talks with US on phase one of trade deal

China holding in-depth talks with US on phase one of trade deal
  • Clock-gray 19:47
  • calendar-gray 14 November 2019

China and the United States are holding in-depth discussions on the first phase of a trade pact, and cancelling tariffs is an important condition to reach a deal, the Asian giant’s commerce ministry said on Thursday, APA reports citing Reuters.

The degree of tariff cancellation should fully reflect the importance of a phase one agreement, ministry spokesman Gao Feng told a regular briefing.

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