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.
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