The White House said that the USA has agreed that the tariffs on $200 billion worth of product will remain at 10% until January 1st 2019 and that China "will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial, and other product from the United States to reduce the trade imbalance between our two countries".
Asked to confirm whether Beijing promised to buy American goods immediately, Gao said China will "immediately implement the consensus reached by the two sides on farm products, cars and energy".
China and the USA will work on intellectual property rights protection, technology cooperation, market access issues and the trade balance in the next 90 days, Gao said, adding that China's goal is to remove all new tariffs within that period.
Trade experts have said 90 days is scant time for resolving sprawling conflicts over technology, state industries and other issues that have bedeviled U.S.
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The Soyuz rocket's journey to the International Space Station took approximately six hours, and it docked at 12:40 p.m. Cosmonaut Kononenko said on Sunday, Dec. 2, during a press conference, that he "absolutely" trusts the flight plan.
Greenland's ice is melting at an alarming rate, researchers warn
Another noteworthy aspect of the findings is how little additional warming it now takes to cause huge spikes in ice sheet melting. In the last 20 years, however, melt intensity has increased by up to 575 percent in comparison with the pre-industrial rates.
BT bans Huawei from 5G core
However, BT's spokesperson insists the moves to exclude Huawei are not a knee-jerk reaction to the latest developments. A spokesman said: " Huawei has been working with BT for nearly 15 years".
According to Xinhua news agency, experts said "the important meeting sends a positive signal in the development of China-US relations, one of the most important bilateral ties in the world".
The White House has said China agreed to purchase a "very substantial" amount of agricultural, energy, industrial and other products to reduce the yawning trade gap.
For its part, China has said it will import more USA products to reduce its trade surplus, but no dollar amount has been publicly discussed.
That was compounded by news that a top executive at Chinese telecoms giant Huawei had been arrested in Canada and faces extradition to the USA over allegations the firm had broken sanctions linked to Iran.
On Tuesday, Trump tweeted about the potential for a deal with China, before warning that if a deal wasn't reached in 90 days he would slap more tariffs on China because he was "a Tariff Man".