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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Beijing and Washington agree not to engage in a trade war

    Rocky
    Rocky
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    Posts : 268961
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    Beijing and Washington agree not to engage in a trade war Empty Beijing and Washington agree not to engage in a trade war

    Post by Rocky Sun 20 May 2018, 2:34 am

    [ltr]Beijing and Washington agree not to engage in a trade war[/ltr]
    [ltr]Arab and international[/ltr]
     Since 2018-05-20 at 09:10 (Baghdad time)
    [ltr]Beijing and Washington agree not to engage in a trade war Sdfaweraet[/ltr]
    [ltr]Follow up of Mawazine News[/ltr]
    [ltr]BEIJING (Reuters) - Beijing and Washington have agreed not to engage in a trade war that was expected and not impose additional customs duties on other countries' goods, Chinese Vice Premier Liu Hee said.[/ltr]
    [ltr]"The two sides reached a consensus not to engage in a trade war and to stop increasing tariffs on each other," Liu said, according to the official Xinhua news agency.[/ltr]
    [ltr]Liu made the remarks after heading the Chinese delegation to Washington this week, where he held negotiations with US Trade Secretary Stephen Menuchin.[/ltr]
    [ltr]The two countries issued a joint statement Saturday, announcing an agreement to reduce "significantly" the US trade deficit with China, but without details.[/ltr]
    [ltr]The deal was a breakthrough in the crisis between the two countries, a form of concession by Beijing, which agreed to the principle of reducing trade deficit, but without committing to any number contrary to what President Donald Trump demanded.[/ltr]
    [ltr]The White House is demanding a $ 200 billion deficit with the Asian giant. The US trade deficit with China last year was about $ 375 billion, ending 29/43[/ltr]


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