International

US eases trade war with China

Spotlight International News Desk

The US and China have reached a trade consensus aimed at easing the likehood of a trade war between the two global powers amid the rattling markets.

Us President Donald Trump revealed this in Washngton saying the pact sealed would be “transformative” for the US economy.

Meanwhile the Chinese officials have labelled the deal as a a “win-win” deal that would help foster better relations between the two global giants.

Part of the agreement will see China strategically pledging to boost US imports by $200bn above 2017 levels including strengthening intellectual property rules.

Inturn , the US is determined to lessen some of the new tariffs it has imposed on Chinese products

Tendai Guvamombe