The Chinese government has said it will postpone the tariffs\non American-made cars and other goods after a temporary trade agreement with\nWashington.<\/p>\n\n\n\n
Sunday’s announcement came after Washington agreed to delay\nthe lifting of the tariffs on $160 billion of Chinese goods and cut half of the\nsanctions already imposed.<\/p>\n\n\n\n
” China hopes to work with the United States on the\nbasis of equality and mutual respect to properly address each other’s core\nconcerns and promote the stable development of Chinese-U.S. economic and trade\nrelations,” said a Cabinet statement on economic and trade relations.<\/p>\n\n\n\n
US Trade Representative Robert Lightizer said that under\nFriday’s agreement, China has pledged to purchase $40 billion in US\nagricultural products over the next two years. He said China also promised to\nend its old practice of pressuring companies to deliver their technology as a\ncondition for accessing markets.<\/p>\n\n\n\n
Beijing was planning to impose 25% duties on American-made\ncars on Sunday, which would raise the total fee to 40%. The worst affected cars\nwere the German BMW AG and the Mercedes Daimler AG unit, which shipped\nAmerican-made SUVs and other cars to China.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Chinese government has said it will postpone the tariffs on American-made cars and other goods after a temporary trade agreement with Washington. Sunday’s announcement came after Washington agreed to delay the lifting of the […]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":1525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[93,141,52,77,36,34,145,94,114,120,29,48,24,78,54,131,44,43,21,91,57,47,102,76,80,119,113,135,23,45,46,109,106,115],"_links":{"self":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1524"}],"collection":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/comments?post=1524"}],"version-history":[{"count":1,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1524\/revisions"}],"predecessor-version":[{"id":1526,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1524\/revisions\/1526"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media\/1525"}],"wp:attachment":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media?parent=1524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/categories?post=1524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/tags?post=1524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}