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Talks with China: Trump announces breakthrough in the trade dispute

2019-10-11T20:05:28.117Z


US President Trump has announced a "partial agreement" in the trade dispute with China. In the most recent round of negotiations, a "very substantial" agreement was reached.



The US and China have agreed to US President Donald Trump in the trade dispute. Both sides had agreed on a partial agreement, which included, among other things, the topics of intellectual property, currency issues and financial services, said Trump after a meeting with the Chinese Vice Premier Liu He.

China has also pledged to buy agricultural goods worth $ 40 billion to $ 50 billion. As soon as the agreement was signed in the first phase, negotiations on a second phase would continue. "It will be great for both countries," said Trump.

US and Chinese negotiators discussed a settlement on Thursday and Friday. The two largest economies in the world have been covering each other for more than a year with special tariffs. This has already significantly slowed down the global economy. German exporters get the fight with full force.

Source: spiegel

All business articles on 2019-10-11

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