Home / Knowledge / News / Textiles / China wants US tariffs rolled back in phase I deal

China wants US tariffs rolled back in phase I deal

04
Dec '19
Pic: Shutterstock
Pic: Shutterstock
As uncertainty continues on whether China and the United States can strike a trade deal, China is insisting US tariffs must be rolled back as part of any phase I trade deal, a top Chinese newspaper reported recently citing anonymous sources. "A US pledge to scrap tariffs scheduled for December 15 cannot replace the rollbacks of tariffs," the newspaper said in a tweet.

The tweet by the newspaper controlled by the Communist Party of China referred to an additional round of tariffs on Chinese imports to be implemented in the absence of a trade deal, a global newswire reported.

US Senate Finance Committee chairman Chuck Grassley recently said Beijing invited US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin for in-person talks in Beijing. Both were willing to go if they saw ‘a real chance of getting a final agreement’, he said.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 6th Dec 2019

RMG units open in Cambodia despite risk of EBA deal loss

Garment units continue to open in Cambodia despite the looming threat ...

Pic: Shutterstock

E-commerce | On 6th Dec 2019

Europe continues to dominate global e-com ranking: UNCTAD

Europe remains by far the most prepared region for e-commerce, with...

Pic: Shutterstock

Apparel/Garments | On 6th Dec 2019

58 RMG units set up in Bangladesh in Jan-Oct 2019

Fifty eight new garment factories have been set up in Bangladesh...

Interviews View All

Deepak Jain, Baggout

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Top executives, Textile industry

Top executives
Textile industry

The foremost issue is bridging the skill gap

Sanjay Yagnik, Maa Tex Speciality

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Laksheeta Govil,

Laksheeta Govil

Founded in 2014, Fizzy Goblet is a Delhi / NCR based handcrafted leather...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search