Mr. Trump postpones raising tariffs against China “First Stage Agreement”

US President Trump said on the 11th that he had reached a "first-stage agreement" with China, where trade friction continued, and raised the tax rate for the "1st to 3rd" additional tariffs on China scheduled for 15th. Announced that it was postponed. A temporary agreement was reached mainly in areas where it was easy to compromise, such as the expansion of imports of agricultural products by the Chinese side, avoiding intensifying conflicts for the time being.

Mr. Trump met at the White House with the Chinese negotiator, Liu Ho, deputy prime minister after a two-day high-level trade talk between the US and China. After the talks, it was concluded that “part of China's intellectual property infringement issue”, financial services market opening, and agricultural import expansion were agreed. Appealed.

An agreement was also reached on clauses to prevent China's policy to lead to currency depreciation in favor of exports. Mr. Trump also expressed his intention to accelerate US-China talks at the Asia-Pacific Economic Cooperation (APEC) Summit in Chile in mid-November. At this opportunity, the US-China summit meeting will be held, and the “stage 2” negotiations will begin in earnest while showing off the results of top diplomacy for next year's US presidential election.

On the other hand, he attended Light Heiser ...