beijing washington: The agreement has broken the deadlock between China and the US. However, Beijing and Washington still face the arduous task of implementing the consensus reached between the two presidents while overcoming differences during the negotiations, according to Global Times China. During the meeting, Xi and Trump clinched a deal to restart economic and trade consultations between their countries on the basis of equality and mutual respect. Given the fact that the Sino-US trade talks have run hot and cold in the past, opinions are divided over whether the new round of trade talks will successfully do the job. The US side also agreed that it will not add new tariffs on imports from China. It is not a big surprise for Xi and Trump to reach such an agreement. These deals add new possibilities to end the year-long trade dispute between the world's two largest economies that has been deadlocked since May.
(news.financializer.com). As
reported in the news.
Tagged under beijing washington, trade consultations topics.