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PRES. TRUMP POSTPONES ADDITIONAL TARIFFS ON CHINESE IMPORTS
Feb. 25, 2019
Agri-Pulse reports:
Trade negotiations with China are going well enough for President Donald Trump to postpone plans to raise the tariff rate on $200 billion worth of Chinese goods.
"I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues," Trump said on Twitter Sunday.
The announcement comes after the latest round of bilateral talks wrapped up this weekend in Washington. The negotiators originally planned on wrapping up this round on Friday, but decided to work through the weekend after making progress.
Plans are now being made for a meeting between Trump and Chinese President Xi Jinping in Mar-a-Lago to finalize a deal. Treasury Secretary Steven Mnuchin said Friday a meeting could be in March.
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