Chines Tariffs: China and March Deadline

chines tariffs: Check out What a U.S. demand for China to stabilize its currency really means Trump and Chinese President Xi are discussing a meeting in late March to complete a deal, according to Market Watch. A March 1 deadline for fresh Chines tariffs to be raised to 25% from 10% looms, with President Donald Trump indicating that he may be flexible on hiking duties, as discussions remain hung up on a number of issues, including Beijing's handling of American intellectual property, according to reports. Treasury Secretary Steven Mnuchin said that the U.S. and China had come to a strong agreement on currency, according to reports, after the U.S. demanded China to stabilize the yuan USDCNY, -0.1205%USDCNH, -0.3152% as part of a deal. Trump met Chinese Vice Premier Liu He Friday afternoon. Vice Chairman Richard Clarida spoke to central bank's current strategy review, and said the inflation and communications strategy could change in the future. No major U.S. economic releases are scheduled for Friday, but a parade of Federal Reserve officials are scheduled to speak at a monetary-policy forum throughout the day. (news.financializer.com). As reported in the news.