Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

U.S. offers to cancel December 15 tariffs on Chinese goods: WSJ

Published 12/12/2019, 10:32 AM
Updated 12/12/2019, 10:36 AM
U.S. offers to cancel December 15 tariffs on Chinese goods: WSJ

U.S. offers to cancel December 15 tariffs on Chinese goods: WSJ

(Reuters) - U.S. trade negotiators have offered to cancel a new round of tariffs on imported Chinese goods set to take effect on Sunday as part of an effort to cement a phase-one deal to de-escalate the trade relationship between the two powers, the Wall Street Journal said on Thursday.

Citing people briefed on matter, the Journal also said Trump administration negotiators have offered to cut existing tariffs by as much as half on roughly $360 billion of Chinese-made goods.

Latest comments

The question is this the complete trade deal or not, will be answer in the coming year. I believe that this trade war was hurting the USA more than what was conveyed by the politicians, and they needed to end this as much as the Chinese. If I am right in this  matter, then the trade war will slowly slip to the furthest back burner. Being able to keep the support of the American people through multiple elections, would be very difficult.
we dont need the delayed of the tariff. all we want is either yes / no? people getting sick of this manipulate market system. one yes fly one no down disgusting
Citing people - the hamburger salesman on the corner?
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.