34 C
Dubai
June 19, 2025
World

China, US announce measures to ease tariff tensions

China and the United States announced here Monday a series of tariff modification measures aimed at easing trade tensions between the world's two largest economies.The decision followed a two-day China-US high-level meeting on economic and trade affairs, where both sides recognized the importance of their bilateral economic and trade relationship to both countries and the global economy, a joint statement said, noting that both sides emphasized the need for a sustainable, long-term and mutually beneficial economic and trade relationship.China's News Agency (Xinhua) quoted the Chinese commerce ministry spokesperson as saying that the joint statement of the China-US high-level meeting on economic and trade affairs is an important step towards resolving differences through equal dialogue and consultation.

Related posts

UN Humanitarian Agencies stress need to combat bureaucracy amid funding shortfalls

admin

US negotiators head to Moscow for Ukraine ceasefire talks

admin

Namibia elects first female president in disputed poll

Alibaba releases AI model that reads emotions

admin

Tanzania opposition names new leader ahead of polls

admin

10 killed, 22 wounded in Russian strike on medical center in Northeastern Ukraine

Leave a Comment