Alva Review-Courier -

US-China issues of dispute remain vast despite trade truce

 

October 11, 2019



WASHINGTON (AP) — The Trump administration and China declared a temporary truce Friday in their 15-month trade war. Yet the grievances that led them to impose tariffs on hundreds of billions of dollars of each other's goods remain largely unresolved.

The administration agreed to suspend a tariff hike on $250 billion worth of Chinese imports that was set to take effect Tuesday. And China agreed to buy up to $50 billion in U.S. farm products.

The de-escalation in tension between the world's two largest economies was welcomed by financial markets. The U.S.-China hostilities have alarmed inve...



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