US/Beijing trade war: China plans to reduce tariff rates on imports next October, reports Bloomberg

Friday, September 21st 2018 - 08:35 UTC

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China plans to reduce the average tariff rate on imports from most of its trading partners as soon as October, Bloomberg News reported on Thursday. In July, China cut import tariffs on almost 1,500 consumer products ranging from cosmetics to home appliances as part of efforts to open up its economy, the world’s second biggest. Read full article

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