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As of January 1, the United States had to increase the duties on Chinese products by 2.5 times. But Trump and Xi Jinping have agreed to postpone this 90-day measure and try to reach a new deal.
Saturday 1 DW writes in a statement from the administration of the President of the United States and the Republic
This happened after Donald Trump's meeting with Chinese President Xi Jinping at the G20 summit in Buenos Aires, and two-and-a-half hours earlier.
See also Trump could introduce new rights against China – Media
The parties also agreed not to impose new laws on 90 days trade restrictions and attempt to conclude a new agreement ercial mutually beneficial.If no agreement is reached, the penalties will be aggravated after the expiration of a period of 90 days after January 1st.
The sanctions imposed by the United States on goods from China came into effect at the end of September. With the introduction of 10% royalties for a total of $ 200 billion, US sanctions apply to about half of US imports from the PRC. It was assumed that tariffs of 10% would come into force by the end of the current year and that their size would increase to 25% as of January 1, 2019.
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