BEIJING (AP): China on Friday (Feb 21) suspended more punitive tariffs on imports of US industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.
Financial markets have welcomed announcements by both sides of reductions in penalties on each other's goods, though they have yet to resolve much of the conflict that erupted in 2018 over Beijing's technology ambitions and trade surplus.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!