Explainer: What a roll-back of Trump tariffs on Chinese goods may look like
Tuesday, 12 November 2019 The latest bargaining chip in U.S.-China negotiations to cool a 16-month-old trade war is whether President Donald Trump would roll back tariffs on hundreds of billions of dollars' worth of Chinese imports, and how soon.
A trade war is when two or more countries put tariffs on each other's goods. If that's hard to understand, think about it this way: Imagine the two countries as dueling siblings. One sibling hits the other. The one who got hit, hits back and says 'he or she started it.' That's an over...
The United States and China have come to an agreement on phase one of a trade deal where the U.S. would cancel future tariffs and rollback penalties on curren tariffs for Chinese goods, in return China..
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