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China’s chief trade negotiator Li said Beijing and Washington will continue working to prolong the existing suspension of some reciprocal tariffs and the corresponding Chinese countermeasures. According to Li, the pause currently covers about 24% of the U.S. levies in force, and the two sides intend to keep the arrangement in place while discussions proceed. Li added that officials from both countries will maintain regular communication to safeguard the truce, signaling that neither side is prepared to resume the affected duties in the near term. The comments suggest a shared interest in preventing further escalation in trade tensions as broader economic talks continue.
China & US have agreed to extend the trade truce via #China top trade negotiator Li Adds: Both sides will continue to push forward extension of pause of reciprocal tariffs as well as Chinese countermeasures. We will continue to maintain communication. https://t.co/kW75SJ8PEO
U.S. to continue pushing for continued extension of pause on 24 pct of reciprocal tariffs of U.S. side, as well as counter measures of Chinese side, says China int'l trade representative.
China, US to continue pushing for continued extension of pause on 24 percent of reciprocal tariffs of US side, as well as counter measures of Chinese side, says China intl trade representative. https://t.co/DrbZM76YxM https://t.co/gG35goxFBt https://t.co/DmciF1IhEx
