China Cuts Tariffs on $75B of US Imports in Trade Truce

[ducks]

China cut tariffs on $75 billion of U.S. imports including soybeans, pork and auto parts Thursday in a trade truce with Washington while Beijing struggles with a costly virus outbreak.

The cuts follow last month's signing of a “Phase 1” agreement toward ending a long-running tariff war over Beijing's technology ambitions and trade surplus. Both sides have made conciliatory gestures but the lingering dispute threatens to chill global economic growth.

[SnakeBoy]

I think Trump needs to drop all tariffs for now. Virus situation is going to get out of hand globally and soon imo.