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US & China said nearing end of trade war impacting Apple’s bottom line

March 4, 2019

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China would be required to make large purchases of U.S. energy and agricultural products over several years, and drop some barriers preventing American companies from operating in the country, New York Times sources said. In exchange the U.S. would have to remove tariffs on at least $200 billion of $250 billion in Chinese imports.

The Chinese government is said to be aiming for the removal of all Trump-era tariffs. With or without that however, one U.S. goal has been an enforcement tool that would revive tariffs if China backtracked on a deal.

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