"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2019-12-13T16:44:38Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2019/12/13/trump-china-us-trade-deal-phase-one-culver-vpx-nr.cnn"
data-branding-key=""
data-video-slug="trump china us trade deal phase one culver vpx nr"
data-first-publish-slug="trump china us trade deal phase one culver vpx nr"
data-video-tags="agriculture,agriculture, forestry, and commercial fishing,asia,business and industry sectors,business, economy and trade,china,continents and regions,donald trump,east asia,economy and economic indicators,government and public administration,government bodies and offices,international trade,political figures - us,politics,trade and development,us federal government,white house"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2019-12-13T16:44:38Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2019/12/13/trump-china-us-trade-deal-phase-one-culver-vpx-nr.cnn"
data-branding-key=""
data-video-slug="trump china us trade deal phase one culver vpx nr"
data-first-publish-slug="trump china us trade deal phase one culver vpx nr"
data-video-tags="agriculture,agriculture, forestry, and commercial fishing,asia,business and industry sectors,business, economy and trade,china,continents and regions,donald trump,east asia,economy and economic indicators,government and public administration,government bodies and offices,international trade,political figures - us,politics,trade and development,us federal government,white house"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2024-03-31T00:30:19Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2024/03/30/cocoa-chocolate-pricing-surge-easter-rodriguez-nr-vpx.cnn"
data-branding-key=""
data-video-slug="cocoa chocolate pricing surge easter rodriguez nr vpx"
data-first-publish-slug="cocoa chocolate pricing surge easter rodriguez nr vpx"
data-video-tags="agricultural commodities,agriculture,agriculture, forestry, and commercial fishing,banking, finance and investments,business and industry sectors,business, economy and trade,commodity markets,consumer products,domestic alerts,domestic-business,easter,financial markets and investing,food and drink,food products,holidays and observances,iab-agriculture,iab-business,iab-business and finance,iab-business banking & finance,iab-commodities,iab-desserts and baking,iab-economy,iab-financial industry,iab-food & drink,iab-industries,international alerts,international-business,kinds of foods and beverages,price increases,sweets and desserts"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2024-03-22T12:43:25Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2024/03/22/trump-truth-social-prepares-to-go-public-egan-cnntm-vpx.cnn"
data-branding-key=""
data-video-slug="trump truth social prepares to go public egan cnntm vpx"
data-first-publish-slug="trump truth social prepares to go public egan cnntm vpx"
data-video-tags="companies,domestic alerts,domestic-business,domestic-us politics,donald trump,iab-computing,iab-internet,iab-politics,iab-social networking,iab-technology & computing,international alerts,international-business,international-us politics,political figures - us,social media,society,trump media & technology group"
data-details="">
Video Ad Feedback
Donald Trump may be on the verge of a massive financial win
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2024-03-21T05:30:53Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2024/03/21/china-nongfu-spring-boycott-stewart-lkl-hnk-vpx.cnn"
data-branding-key=""
data-video-slug="china nongfu spring boycott stewart lkl hnk vpx"
data-first-publish-slug="china nongfu spring boycott stewart lkl hnk vpx"
data-video-tags="beverages,bottled water,boycotts,business and industry sectors,business, economy and trade,consumer products,food and drink,iab-food & drink,iab-non-alcoholic beverages,kinds of foods and beverages"
data-details="">
Video Ad Feedback
See why some Chinese people are boycotting a popular brand
China on Sunday called off additional tariffs set to kick in on some US goods as the two countries pull back from a trade war that has roiled financial markets and damaged global economies.
The suspension covers additional tariffs on products including corn and US-made cars and auto parts, the State Council’s Customs Tariff Commission said on its website. Tariffs already in place on other US goods will remain, the council’s statement said.
The announcement comes two days after China and the United States agreed to a phase 1 trade deal after more than 18 months of escalating tensions. The two sides agreed to halt additional tariffs on almost $160 billion of Chinese consumer electronics and toys that were set to take effect December 15 and reduce economic penalties on goods that were imposed in September by half. They also unveiled new commitments by the Chinese to buy US farm goods and other products.
But details of the agreement remain largely unknown, leaving some US-China watchers wondering what exactly is included in a first-round trade war pact among the world’s two largest economies. President Donald Trump was first to levy tariffs on China, accusing Beijing of unfair trade practices and theft of intellectual property.
Beijing has accused Washington on economic bullying. The resulting tit-for-tat tariffs and other punitive actions have damaged China’s economy, threatened US farmers and economic growth, and caused swings in global markets.
The two sides said they will continue immediate work on a more comprehensive phase 2 agreement. Meantime, the US Trade Representative on Friday said the United States for now would leave in place 25% tariffs on $250 billion worth of Chinese goods.
