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1.Market Observations, 8.Was Sticky

7 Feb 2020 (AFR) – China cuts tariffs on $US75b of US imports

(7 February 2020, AFR, p16, AP)

Beijing | China cut tariffs on $US75 billion ($111 billion) of US imports including auto parts on Thursday in response to American reductions as part of their truce in a trade war. The cuts come as China struggles with the mounting cost of measures imposed to contain a virus outbreak that has closed factories, stores and other businesses.’

Read more at AFR.com (might need AFR login access)

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