UNITED STATES AND CHINA- It's truce for now...
Both China and the United States have reached a tentative agreement. According to a statement from White House Press Secretary Sarah Sanders.
Meeting in Argentina yesterday, Trump agreed to maintain the 10% tariffs on 200 billion dollars' worth of Chinese goods...
rather than raising them to 25%.
In exchange, China has agreed to purchase a quote very substantial amount of agriculture and energy goods from the US.
The statement goes on to say that the two countries will immediately begin negotiations on top US concerns, including forced technology transfer and cyber theft.
If an agreement is not reached within 90 days, the 10% tariffs will rise to 25%.
Related Content
- New Chinese and US Tariffs
- Oregon Cattlemen Court Chinese Importers
- Solar Company Reacts To New Tariff
- Steel & Aluminum Tariffs Affecting Local Manufacturers
- Representative Walden in Medford Praising Timber Tariffs
- Tariff Creates Jobs in Local Wood Industry
- Chinese anger after terracotta warrior's thumb stolen in US
- Chinese man guilty of defrauding Apple out of 1,500 iPhones
- Trump Administration Imposes Tariffs on Solar Panels, Washing Machines
- President Trump Proposes New Tariffs On Aluminum & Steel Imports
Scroll for more content...
.jpg)
