CHINA TO CUT TARIFFS ON US GOODS

Highlights:

• China will cut the tariffs in half on $75 billion US imports.
• The retaliatory tariffs by China came into effect from September 1, 2019.
• The trade between the US and China has cut the US tariffs to 7.5%.

Under the trade deal that took place between the US and China in mid-January, China on Thursday announced to cut the tariffs by half on $75 billion of US imp....