US-China deal could include pledge to remove tariffs on US products

According to Reuters, citing unnamed sources

  • Deal could include pledge by China to remove tariffs on US agricultural products
  • Also to include pledge to import more US agricultural products

Pretty much the same sort of rhetoric as we got from Trump and Mnuchin yesterday. The issue here will be implementation and if there is a hard target set for the imports pledge.

In other news, US and China are said to be nearing a deal that would lift the sales ban against China's ZTE according to Reuters sources too. Much along the lines as what Eamonn reported earlier here.

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