US-China trade war ‘on hold’ as America backs off on tariffs
American Treasury secretary Steve Mnuchin said US and Chinese officials had agreed on a framework that includes China increases their purchases of US goods: REUTERS/Ammar Awad/ that ignited fears of a trade war as both sides pursue a broader deal, a top economic official said. “We’re putting the trade war on hold,” Treasury secretary Steve said during an appearance on Fox News Sunday. “We have agreed to put the tariffs on hold”. The announcement of a detente in the escalating trade dispute came after Chinese officials visited Washington ...
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