The U.S. and China 'are laying the groundwork' for the Trump administration to hold off on 15% tariffs on about $160 billion in Chinese goods, according to the WSJ.
The U.S. and China are taking steps to delay the next round of American tariffs set for Sunday as they seek a deal to rein in a raging trade war, according to The Wall Street Journal.U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer arrive for a group photo session after a meeting with Chinese Vice Premier Liu He in Beijing on May 1, 2019.The U.S.
News about a potential delay of the duties — which threatened to further hurt U.S. businesses and consumers — helped to
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