China, US agree to roll back tariffs as part of trade deal


A U.S. official, speaking on condition of anonymity, confirmed the planned rollback as part of a "phase one" trade agreement that President Donald Trump(left) and President Xi Jinping(right)l are aiming to sign before the end of the year.

BEIJING/WASHINGTON : China and the United States have agreed to roll back tariffs on each others' goods as part of the first phase of a trade deal, officials from both sides said on Thursday, offering a new sign of progress despite ongoing divisions about the months-long dispute.

The Chinese commerce ministry, without laying out a timetable, said the two countries had agreed to cancel the tariffs in phases.

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US , China , trade talks , tariffs , roll back , deal , officials , Trump , Xi , economy ,

   

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