China and US agree to 90-day tariff suspension as trade war talks extended | Trade War News

Some ‘reciprocal’ tariffs and duties are being rolled back in favour of ‘mutually beneficial’ talks.

China and the United States have agreed to suspend some of the heavy trade tariffs imposed against one another as they prepare to extend negotiations aimed at lowering trade war tensions.

The two countries issued a joint statement on Monday, following two days of trade talks in Geneva, Switzerland. They described the negotiations, which came after US President Donald Trump’s…

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News Source: www.aljazeera.com

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