China and the US have agreed in principle to remove some tariffs imposed over the course of the trade dispute between the two countries, China’s commerce ministry said on Thursday without giving specifics.
“The two top negotiators . . . agreed that they would like to remove some of the additional tariffs in phases,” Chinese commerce ministry spokesperson Gao Feng told reporters in Beijing, according to a translation of his comments by state-owned television channel CCTV.
“As for how much will be eliminated, we will consider the agreement reached in phase one”.
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