There has been some progress at long last.
The US and China may be close to ending some of the tariffs they have imposed on each other’s exports.
China’s Ministry of Commerce has said both sides had agreed to “remove some of the additional tariffs in phases” which will “help to stabilise market expectations.”
Questions remain over the much-discussed ‘phase one’, not least where Presidents Trump and Xi will meet to put pen to paper (earlier this month officials were still squabbling over where the signing party should be).
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