U.S., China to Tie Tariff Relief to Failed Deal From May
May proposal is baseline to work out how much to roll back
Trump administration said to debate precise figure internally
U.S., China Said to Explore Tariff Relief Using Failed Deal From May
By
Bloomberg News
Updated on
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The near-deal between the U.S. and China that fell apart six months ago is now being used as the benchmark to decide how much tariffs should be rolled back in the initial phase of a broader trade agreement, people familiar with the talks said.