BEIJING — China and the United States hope to reach an agreement on lowering import taxes soon, a Chinese government spokesperson said Thursday, fueling expectations that an announcement could come when the leaders of the two countries meet in two weeks.
Negotiators are striving to implement reciprocal tariff reductions on $30 billion worth of goods “at an early date,” Commerce Ministry spokesperson Huang Ling said at a weekly briefing.
The $30 billion will be from each side, China’s official Xinhua News Agency said.