• US had planned to raise tariffs on $250bn of goods to 30%
  • Trump: ‘All would like to see something significant happen!’

Donald Trump announced a “very substantial phase one deal” to solve the long-running trade dispute with China.

After a two-day meeting in Washington between US and Chinese officials on Friday Trump announced a delay on plans to raise tariffs on $250bn worth of goods to 30% on 15 October.

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Read More US delays China tariff increase as Trump claims 'substantial' deal

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