China to propose restoration of 2020 ‘Phase 1’ trade deal with the US: Report
- Posted on February 3, 2025
- By Business News Today
- 2 Views
China to propose restoration of 2020 ‘Phase 1’ trade deal with the US: Report
The Donald Trump administration had imposed tariffs on Mexican, Canadian and Chinese imports over fentanyl-related chemicals. Mexican President Claudia Sheinbaum announced an agreement with the US to suspend the tariffs for a month, with Trump confirming it on Truth Social.