Beijing suspended purchases of US agricultural products amid an ongoing trade war between the two countries in the follow-up to Washington’s recent decision to introduce 10% tariffs on $300 billion worth of Chinese goods.
The US is delaying the decision to allow some American firms to deal with the Chinese tech giant Huawei, an opportunity, promised by US President Donald Trump back in June, Bloomberg reported, citing anonymous sources. Notably, Trump announced on 9 August that the US wouldn’t be doing any business with the Chinese company, adding that his stance could change once a new US-China trade deal is reached.

Tags: ; ;