Trump praises China's tariff exemptions as trade talks approach

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 83%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

WASHINGTON - US President Donald Trump on Wednesday welcomed an apparent olive branch from Beijing in the grinding trade war between the 2 nations, which came weeks before negotiations are due to resu

me.

Top negotiators expect to reconvene in Washington early next month after an acrimonious summer in which trade relations deteriorated sharply and both governments announced waves of new tariffs in a stand-off that is dragging on the global economy. Both sides imposed fresh tit-for-tat tariffs on September 1, adding to the duties that now cover hundreds of billions of dollars of goods.

The American Chamber of Commerce in Shanghai said just 47 percent said they expected to increase their investments in China in 2019 -- down from 62 percent last year -- while three-quarters of businesses surveyed said they opposed the use of punitive tariffs by the United States to force China into a trade deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PH, Singapore seek closer business ties as US-China trade war rages
Source: ABSCBNNews - 🏆 5. / 83 Read more »

China scraps foreign invesment cap in stocks, bonds
Source: ABSCBNNews - 🏆 5. / 83 Read more »

China data centers set to consume more power than Australia – reportThe appetite for data storage and transmission in China has skyrocketed in recent years, with 800 million online users and a booming tech industry churning out photos, videos, and online transactions.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Poe: China-made trains for MRT 'low-hanging fruit' in solving traffic mess
Source: ANCALERTS - 🏆 26. / 50 Read more »

P53-M smuggled vegetables from China seized - Bureau of CustomsVegetables from China with an estimated worth of P53 million were seized in Manila's port area after a consignee misdeclared the value of the imported agricultural products, the Customs bureau said on Wednesday. Kaya pala nalulugi yun parmers natin🤕 Kawawa mga local farmers ng Pilipinas, thank you mr.president for your foreign policy I don't buy it as a simple misdeclaration only. They really intentionally misdeclared it to avoid higher tariffs.
Source: CNN Philippines - 🏆 13. / 63 Read more »

₱53-M smuggled vegetables from China seized – Bureau of CustomsVegetables from China with an estimated worth of ₱53 million were seized in Manila's port area after a consignee misdeclared the value of the imported agricultural products, the Customs bureau said on Wednesday. it is troublesome that some of our kababayans are still importing food stuff and dairy products,medicines from China when in fact we knew by heart na may lason o synthetic by-products ang halo nyan!!!!
Source: CNN Philippines - 🏆 13. / 63 Read more »