Trade Deal only partially done between USA and China but not on Paper agreement.

China agreed to buy around 50 billion USD worth farm products from USA. 

USA planning to cancel tariff hikes that are going to be implemented from next week. Also December tariff hikes will also be cancelled.

No paper agreement completed still. Good thing is atleast they came on same platform to discuss and end trade war between USA and China.

Actually ending trade war between China and USA in smooth way is important for both countries as both economies are inter dependent related to companies business.

Both USA and China companies will be in trouble if trade war is not ended.

Sunday, October 13, 2019 - 13:46 IST
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