<span style="color: #222222;">China has agreed to make key concessions to expand American imports in agriculture, energy, manufacturing and services, the main demands of US President Donald Trump. </span><br />'' <br />'' <span style="color: #222222;">The Chinese media reported that during the two-day high-level talks in Washington, the two sides discussed trade balance, protection of intellectual property rights, non-tariff barriers, service sector, and agriculture.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">The two sides also agreed to take effective measures to promote a more balanced development of bilateral trade.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">This comes after Trump, in a tweet, said that China must open its market to American manufacturing and agricultural goods if it hopes to strike a trade deal with the US.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">The talks in Washington were first face-to-face cabinet-level talks between the US and China since the two countries in December last year struck a three-month long truce in their trade war. </span><br />'' <br />'' <span style="color: #222222;">Should the talks fail, tariffs on 200 billion US dollars of Chinese imports are set to increase from 10 per cent to 25 per cent.</span>
News On AIR | February 1, 2019 9:18 PM
China agrees to make key concessions to expand American imports