The US-China Trade War Is Postponed
The economic tensions between the US and China are beginning to calm down.
The two largest world economies have agreed to give up mutual threats to impose duties while working on a broader trade agreement, Nova TV reported.
China will increase imports of US goods, especially in the energy and agriculture sectors.
Beijing, however, has made its own demands as an equal treatment of Chinese investments.
Washington is aiming to significantly reduce the trade deficit with China, which amounts to 335 billion dollars a year.
- » Academic from the United States Suggests Tsipras and Zaev for Nobel for Peace
- » 30 Foreigners Detained in Turkey in an Operation against Islamic State
- » Dozens of Taliban, Afghan Forces Killed while Celebrating Eid Truce
- » Fight against Human Trafficking in Libya: EU Sanctions Six Human Traffickers and Smugglers in line with UN Decision
- » India Faces Worst ever Water Crisis
- » Armed Attack on Ruling Party Kills 3 in Turkey