China to make trade deal with the US
12, Jun 2019
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Mains level :
CONTEXT:
- China will enter into a trade deal with the United States, as told by US President Donald Trump.
- Increased tariffs on Chinese products is having an impact on its economy.
- China will subsidise their product because there is a need to keep people working, so China is going to pay a lot.
- The US has put 25% tariffs on 250 billion dollars of Chinese goods.