US President signed a deal to stop the trade war with China
Washington … News Time
US President Donald Trump signs a deal to stop China’s ongoing trade war. According to details, the news agency says the US has agreed to reduce the additional taxes on Chinese products, Trump signed a deal in this regard; tax cuts will be applicable from Sunday. The British news agency says China has also hinted at increasing imports from the US, Asian stock markets have witnessed a sharp uptick on Dell’s news, The Japanese stock market recorded an increase of 2.3%, Hong Kong 2% and the Shanghai stock market increased 1.2%.The US stock markets closed positively on the previous day. Remember that two months ago, the US blacklisted 28 Chinese companies; Chinese companies were also banned from buying US products, in August, China also announced heavy duties in response to US actions. At the end of October, the two countries finally decided to end the trade war, for which rapid technical consultation was completed, and mutually agreed a trade agreement under which no additional taxes would be imposed on each other’s products.
