U.S and China agree to end a trade confrontation

US Treasury Secretary Steven Mnuchin

US Treasury Secretary Steven Mnuchin

Washington … News Time

The United States and China have decided to eliminate commercial conflicts and use strict language against them and not apply further restrictions. According to the International News Agency, US Finance Minister Steven Mnuchin has announced to end the ongoing release of ammunition between US and China. That ending confrontation between the talks between US and Chinese negotiators and it has been agreed to develop joint venture to overcome commercial imbalance. US Secretary of Finance Steven Mnuchin said in another interview to American Broadcasting the two countries have agreed on the need for mutual trade which will buy more energy and agricultural goods from China, America so that America can reduce its $ 335 billion loss with China while the US trade will also visit China soon. It is clear that last month; the US President declared the commercial war as a favorite and imposed taxes on imported goods from China. China responded to 25% tax on American products however, after successful negotiations, now the statement of the product between the two countries has decreased.

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