The united states and China have agreed in certain trade matters. China promises to open its market to us credit rating agencies, credit card companies and to resume imports of american beef.
It reports the Financial Times.
Trump administration describes the settlement as a first step when it comes to redefine the trade relations between the two countries.
The package with ten points is according to the White house an early harvest from the plan during the 100 days of change trade relations. According to the White house the countries have also agreed to the original 100-dagarsplanen shall be extended to a one-year plan.
Friday’s announcement represents the latest sign that Donald Trump is taking a less confrontational position vis-à-vis China than what he promised during the election campaign when he threatened to impose tariffs on chinese goods and to stamp the country as a valutamanipulatör, write the article in finanstidningen.
Tradingportalen/Agency Directly.
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