China says US to remove tariffs ‘phase by phase’ as it cancels tax hikes on American goods

PressBee - Russia Today :


Beijing has said that the United States will roll back tariffs on Chinese goods “phase by phase,” and that the Chinese government will cancel its own impending tariffs on American goods, as a trade deal draws nearer.
Tariffs on US goods due to take effect on Sunday have been cancelled, China’s Vice Finance Minister Liao Min told a press conference on Friday. The two nations have also reached an agreement to crack down on counterfeit goods and intellectual property theft, Vice Commerce Minister Wang Shouwen added. 



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China says US to remove tariffs ‘phase by phase’ as it cancels tax hikes on American goods