U.S. sets China trade deal terms, sources say, but Beijing mum

U.S. sets China trade deal terms, sources say, but Beijing mumWASHINGTON/BEIJING (Reuters) – Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing’s buying more American farm goods, U.S. sources said on Thursday. Beijing’s silence, however, raised questions over whether the two sides can agree a truce in their trade war before a new round of tit-for-tat tariffs takes effect on Sunday. A source briefed on the status of bilateral negotiations said the United States would suspend tariffs on $ 160 billion in Chinese goods expected to go into effect on Sunday and roll back existing tariffs.



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