US and China have agreed 90 days on revenues Implementation in April indicates an important attempt to promote trade war between the world’s two largest economies.
The deal was obtained by US and Chinese officials in Geneva at the end of the week, and will see that duties on US imports will be reduced from 145 % to 30 %, and China reduces revenue on US goods by 10 %, which is less than 125 %. This new contract does not change May 2 to eliminate D Munimis discountWhich stopped the tariff detection, which allowed the business to be allowed Tamo and Shen Sending goods under $ 800 to the United States without any additional duties.
“We concluded that we have a common interest.” News Conference in Geneva. “We want a more balanced trade, and I think the two sides are determined to achieve it. Both sides don’t even want to decline.”
The purpose of the 90 -day pause is to provide time with the two countries to discuss the final trade agreement.