Ohio Newz

US, China putting trade war 'on hold' after progress in talks

US, China putting trade war 'on hold' after progress in talks



2018-05-21T09:00:00+0000

Treasury Secretary Mnuchin said the two countries had made "meaningful progress" and that the administration has agreed to put on hold proposed tariffs on up to $150 billion in Chinese products.

The United States and China are pulling back from the brink of a trade war after the world's two biggest economies reported progress in talks aimed at bringing down America's massive trade deficit with Beijing.



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