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2019-07-01 11:25:00

U.S., CHINA TRADE: $300 BLN

U.S., CHINA TRADE: $300 BLN

PLATTS - The US and China agreed Saturday to resume trade negotiations, with the US agreeing to halt further tariff hikes on Chinese goods and China agreeing to immediately start increasing purchases of American goods.
The developments on the sidelines of the G20 summit in Osaka, Japan, are positive for the recovery of commodity trade flows between the two countries, which had declined sharply since the trade conflict began, and US crude oil and agricultural product exports to China are likely to be among the first to benefit.

"With…

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U.S., CHINA TRADE: $300 BLN
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Chronicle:
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