US eases trade war, pursues ‘strategic decoupling’ from China

US eases trade war, pursues ‘strategic decoupling’ from China

US eases trade war, pursues ‘strategic decoupling’ from ChinaUS eases trade war, pursues ‘strategic decoupling’ from China

China and the United States agreed to de-escalate their trade war by significantly lowering tariffs for each other and forming a mechanism to start a trade negotiation in the next 90 days. According to a US-China joint declaration released on Monday, the US will reduce its tariffs on Chinese goods from 145% to 30%. This [...]The post US eases trade war, pursues ‘strategic decoupling’ from China appeared first on Asia Times.

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