US, China Trade War To End Soon, All US Tariffs May Be Lifted | WHAT REALLY HAPPENED

US, China Trade War To End Soon, All US Tariffs May Be Lifted

The long drawn U.S-China trade war may soon come to a close as both sides are reportedly nearing a deal. According to a Bloomberg report, China is insisting on the U.S to withdraw levies on $200 billion of Chinese goods quickly to finalize the deal. As a result, the U.S may lift most or all tariffs it imposed on Chinese goods.

But the U.S will monitor how Beijing implements pledges including intellectual property rights protection and buying of a significant amount of American products.

The U.S. still wants to wield tariffs as a stick to keep China under pressure and ensure it does not backtrack on its commitments to the deal.

Washington wants to reciprocate lifting the duties only if Beijing adheres to all parts of the trade deal. The U.S also wanted the Chinese to avoid retaliatory tariffs and is against bringing the World Trade Organization into the disputed issues.

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