World News | China Appoints New Top International Trade Negotiator Amid Tariff Tensions with US
Get latest articles and stories on World at LatestLY. China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the US.
Beijing, Apr 16 (AP) China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the US.
The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the US.
The world's two largest economies have been steadily increasing tariffs on each other's goods since the US raised tariffs on dozens of countries. China faces 145% taxes on exports to the US, while other countries were given a 90-day reprieve for most duties. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)