US Trade Representative Jamieson Greer said the US and China have reached agreements covering certain non-sensitive goods that could be traded on more favorable terms, CNBC reported Friday.
The agreements cover US agricultural products and medical devices, and Chinese consumer goods, with both sides considering preferential trade treatment and potential exemptions from future tariffs, the report said, citing Greer.
The Trump administration plans to release more details on Monday, the report added.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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