TV News LIES

Friday, Jan 18th

Last update05:20:13 AM GMT

You are here News Economy China's Xi renews vow to open economy, cut tariffs as U.S. trade row deepens

China's Xi renews vow to open economy, cut tariffs as U.S. trade row deepens

E-mail Print PDF

China's Xi vows to open eonomy, cut tariffsChinese President Xi Jinping promised on Tuesday to open the country’s economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States.

While much of his pledges were reiterations of previously announced reforms that foreign businesses say are long overdue, Xi’s comments sent stock markets and the U.S. dollar higher on hopes of a compromise that could avert a trade war.

Xi said China will widen market access for foreign investors, addressing a chief complaint of its trading partners and a point of contention for U.S. President Donald Trump’s administration, which has threatened billions of dollars in tariffs on Chinese goods.

More...

 


Most Recent Related Stories...


Hustle, the Political Text Messaging Service, Fires One-Third of Its Staff

Hustle, Campaign text messaging service, fires one third of staff Hustle Inc., a text messaging startup that worked with more than 1,300 Democratic campaigns in the...

Key reading of the manufacturing sector falls to lowest level in more than 2 years

US manufacturing at lowest point in last three years Activity in the U.S. manufacturing sector expanded at a much slower pace than expected last month,...

Trump supporter eyes moving factory to Mexico over tariffs

EBW Electronics may move to MexicoA supporter of President Trump is considering moving his company's production headquarters to Mexico in an...

Dow Jumps More Than 1,000 Points in One Day

Dow Jumps More Than 1000After weathering the worst Christmas Eve market drop in history, the Dow Jones Industrial Average came...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!