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Chinese trade concessions a good start but leave core US demands untouched

US President Donald Trump and his Chinese counterpart, Xi Jinping, agreed on December 1 in Buenos Aires to stop escalating tit-for-tat tariffs

Reuters  |  Washington 

The United States has welcomed Chinese concessions since the two declared a trade war truce in early December, but trade experts and people familiar with negotiations say Beijing needs to do far more to meet U.S. demands for long-term change in how China does business. U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, agreed on December 1 in Buenos Aires to stop escalating tit-for-tat tariffs that have disrupted the flow of hundreds of billions of dollars of goods between the world's two biggest economies. Since then, Beijing has resumed buying U.S. ...

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First Published: Tue, December 25 2018. 07:02 IST
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