The Limited Times

Now you can see non-English news...

History: The US and China sign the first phase of the trade agreement between them | Israel today

2020-01-15T22:17:16.528Z


United States


Achievement to Trump administration: After years of a trade deficit, Chinese pledge to boost US imports • In return, Washington will remove some of the tariffs imposed on Chinese products • China: "It's a victory for both sides, which will improve relations between countries"

The US and China tonight (Wednesday) signed the first phase of the trade agreement in a festive ceremony held at the White House.

US President Donald Trump noted that the agreement will change the US economy favorably. Chinese government officials have also indicated that the agreement is a victory for both parties and will improve relations between the countries. Under the Chinese agreement, they will increase the import of their products from the US, and in return The US agreed to remove some of the tariffs it imposed on Chinese products.

Since he was elected, Trump has been working to improve China's trade balance between the US and the US, demanding Chinese to step up copyright infringement. In this fight, the US has imposed tariffs on China and the Chinese have responded to US product tariffs.

Despite the agreement, there are still unresolved issues in negotiations between the parties. However, this agreement is a feat for the White House and for Trump, who wants to showcase his voters in an election year. During the White House incident, the president noted that the agreement would strengthen relations with China, and that He fixes old wrongs.

Source: israelhayom

All news articles on 2020-01-15

Similar news:

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.