Starting this Wednesday, the suspension of most customs rights between the United States and China, which will last 90 days.
After a weekend of negotiations in Switzerland, delegations from both countries reached a Mutuals in 115%, for 90 days, which was seen as the beginning of a process to repair a relationship impaired by the commercial dispute.
Like this, From the US about Chinese products remain in 30% (against 145%) and Asian US fees remain in 10% (against 125%), representing a temporary break in a situation comparable to a commercial embargo.
The two countries also agreed to establish a mechanism to pursue discussions about trade and economic relations.
Negotiations between China and the US will soon resume to address the practical resolution of commercial disagreements, which will require highly technical discussions.
