China Wants Tariff Rollback for Phase 1 Trade Deal: Global Times
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China’s government wants tariffs to be rolled back as part of the phase one trade deal with the U.S., Global Times said in a tweet on Sunday, citing unidentified people in Beijing.
The paper reported that a U.S. pledge to scrap scheduled Dec. 15 tariffs cannot replace the rollback in existing ones. Global Times is a tabloid run by the Communist Party of China’s flagship People’s Daily newspaper.