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December 3, 2019

China ‘insists’ on tariff rollbacks as part of ‘phase one’ trade deal

China ‘insists’ on tariff rollbacks as part of ‘phase one’ trade deal
China is insisting that U.S. tariffs be rolled back as part of any "phase one" trade deal, China's state-run Global Times said Sunday.    "Sources in Beijing informed the Global Times that China insists the tariffs must be rolled back as part of the first-phase trade deal.    A US pledge to scrap tariffs scheduled for December 15 cannot replace the rollbacks of tariffs," the newspaper said in a tweet. An accompanying article written by China's former vice minister of commerce, Wei Jianguo, said lifting tariffs is the "essential ...

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