china agrees to ‘reduce and remove’ tariffs on us cars trump
Last Updated : GMT 11:59:16
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 11:59:16
Egypt Today, egypt today

China agrees to ‘reduce and remove’ tariffs on US cars: Trump

Egypt Today, egypt today

Egypt Today, egypt today China agrees to ‘reduce and remove’ tariffs on US cars: Trump

A port in Qingdao in east China's Shandong province.
Washington - Egypt Today

China has agreed to scale back tariffs on imported US cars, President Donald Trump said Sunday, one day after agreeing with Xi Jinping to a cease-fire in the trade war between the world’s top two economies.

Asia stocks had rallied on the news that Washington and Beijing would not impose any new tariffs during a three-month grace period, during which the two sides are meant to finalize a more detailed agreement.

“China has agreed to reduce and remove tariffs on cars coming into China from the US Currently the tariff is 40%,” Trump said on Twitter.

From :Arabnews

 

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china agrees to ‘reduce and remove’ tariffs on us cars trump china agrees to ‘reduce and remove’ tariffs on us cars trump



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