Sunday 26 January 2020
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vanguardngr - 1 month ago

US axes tariffs on Chinese goods in trade war thaw

The United States and China announced a major thaw in their trade war Friday, including immediate cuts to punishing import tariffs, but a lack of detail left markets cautious. We have agreed to a very large Phase One Deal with China, President Donald Trump tweeted after officials in Beijing made a similar announcement. The news could be a boon to Trump, who has made trade wars a keystone of his foreign policy, just as a congressional committee set up a full vote on his impeachment next week for alleged abuse of office. Continue reading US axes tariffs on Chinese goods in trade war thaw at Vanguard News.


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