📌 Key Highlights & Quick Takeaways:
- The first meeting of the trade council between China and the US has been held in which the reduction of mutual tariffs of 30 billion dollars.
- According to the Chinese Ministry of Commerce, the first meeting of the trade council under the bilateral economic and trade consultation sy.
- According to the statement, in the meeting, the parties discussed constructively regarding the implementation of the results of the previous.
The first meeting of the trade council between China and the US has been held in which the reduction of mutual tariffs of 30 billion dollars has been discussed.
According to the Chinese Ministry of Commerce, the first meeting of the trade council under the bilateral economic and trade consultation system between China and the United States was held yesterday through video link.
According to the statement, in the meeting, the parties discussed constructively regarding the implementation of the results of the previous trade consultation.
The US has exempted imports of smartphones, computers and other electronics from China from additional tariffs.
Both sides discussed mutual tariff reduction arrangements of 30, 30 billion dollars, agricultural trade and other important issues.
