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China holding in-depth talks with U.S. on phase one of trade deal

Added 11-14-19 03:03:02am EST - “China and the United States are holding in-depth discussions on the first phase ...” - Reuters.com

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Posted By TheNewsCommenter: From Reuters.com: “China holding in-depth talks with U.S. on phase one of trade deal”. Below is an excerpt from the article.

BEIJING (Reuters) - China and the United States are holding in-depth discussions on the first phase of a trade pact, and cancelling tariffs is an important condition to reach a deal, the Asian giant’s commerce ministry said on Thursday.

The degree of tariff cancellation should fully reflect the importance of a phase one agreement, ministry spokesman Gao Feng told a regular briefing.

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