Fate of the air cargo market 'largely in the hands of US consumers'
The US consumer will largely determine the success of the airfreight industry in the coming ...
Is it the “biggest deal anybody has ever seen”or is it “progress … on the right track”? That depends if you are asking Donald Trump or Xi Jinping about the China-US trade deal. It includes a pledge by Beijing to increase purchases of US products and services by $200bn over the next two years. However, Chinese purchases of $40bn-worth of US farm goods a year over the next two years would be “based on market conditions”.
While there will be no new tariffs, the bulk of those on $360bn worth of Chinese products will remain, as will Chinese tariffs on over $100bn of US goods.
The second phase of talks has now begun.