China’s Ministry of Commerce says the country and the United States of America are maintaining close communication on issues concerning tariff reductions.
The ministry in statement on Thursday said economic and trade teams are discussing a framework for reducing tariffs on goods traded between the two countries.
The proposed arrangement would cover about 30 billion U.S. dollars worth of products from each side.
Ministry spokesperson HE YADONG said further developments on the consultations would be announced in due course.
