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US, China finally agree to halt levy of new tariffs for 90 days
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Geneva, Dec. 2 -- The standstill agreement reached between US President Donald Trump and Chinese President Xi Jinping on the margins of the G20 leaders' meeting in Buenos Aires on Saturday will defer the imposition of tit-for-tat tariffs by the two countries for the next 90 days.
During this period ending 1 March 2019, negotiators from the US and China will hold intense discussions to resolve their differences over a range of issues covering technology to trade-related barriers, which have a direct bearing on the proposed reforms of the World Trade Organization (WTO), said sherpas, speaking under condition of anonymity.
"It is a very basic agreement between China and the US to try and find common ground on some of the most difficult iss...
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