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China says US must cancel new tariffs for ultimate trade deal

“Both sides’ ultimate goal for the negotiations is to end the trade war, cancel all additional tariffs,” he said” writes Evelyn Cheng for cnbc.com. “China’s position, principle and goal for the China-U.S. trade negotiations has never changed,” Gao said in Mandarin at a weekly press conference, according to a CNBC translation.U.S. President Donald Trump said China agreed to a “very substantial phase one deal” that will be written over the next three weeks. “We hope both sides can continue to work together to advance the negotiations and, as soon as possible, reach a phased agreement and make new progress on canceling tariffs,” Gao said.
 
Source: cnbc.com



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