China suspends planned tariffs scheduled for Dec 15 on some US goods

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SHANGHAI (REUTERS) - China has suspended the planned additional tariffs on some US goods that were meant to be implemented on Dec 15, the State Council's customs tariff commission said on Sunday (Dec 15), after the two countries agreed a'phase one' trade deal on Friday.. Read more at straitstimes.com.

SHANGHAI - China has suspended the planned additional tariffs on some US goods that were meant to be implemented on Dec 15, the State Council's customs tariff commission said on Sunday , after the two countries agreed a"phase one" trade deal on Friday.

The statement was issued on the websites of government departments including China's finance ministry as well as by state media outlets such as Xinhua. China hopes, on the basis of equality and mutual respect, to work with the United States, to properly resolve each other's core concerns and promote the stable development of US-China economic and trade relations, the statement added.

 

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