US reaches 'deal in principle' with China to end trade war - ARGOSUS
US reaches 'deal in principle' with China to end trade war - ARGOSUS

US reaches ‘deal in principle’ with China to end trade war

0 comments 0 comentarios 0 comentários

US reaches ‘deal in principle’ with China to end trade war

 

President Trump is expected to sign off  a “deal in principle” with Beijing to resolve the 17-month US-China trade war, according to a source familiar with the matter.

“The written agreement is still being formulated, but they have reached an agreement in principle,” the source said. No details were immediately available.

In an attempt to secure a “phase one” trade deal, US negotiators offered to cut existing tariffs on Chinese goods by as much as 50% and suspend new tariffs that were scheduled to go into effect on Sunday, two people familiar with the negotiations said earlier on Thursday.

The White House was expected to make an announcement later on Thursday, the source said.

 

Source: The Wall Street Journal

Share this:

Leave a Comment

Your email address will not be published.

COVID-19 GUIDANCE

 Subject: To all visitors, drivers and transportation companies 

The purpose of the communication below is to align with our associates, to practice safe social distancing, and to comply with the COVID-19 guidelines within ARGOSUS. 

As an action to prevent dissemination of the COVID-19, ARGOSUS has decided to work in reduced hours as informed in one of our previous notifications; please read carefully the information below according to your location guidelines: 

Headquarter (Key Biscayne, FL): 

• To maintain 6’ social distancing, employees are not allowed to use the common living areas and work scales will be implemented. Visitors are not allowed. 

Distribution Center (Frankfort, KY): 

• If you need to proceed with a shipment or pick up, please get in touch with your customer service contact to schedule a time. 

• All drivers will always be required to wear a mask at all times within our site and will have limited access. 

• No one is allowed past the receiving and shipping area. 

• No one is allowed to use the common living areas. 

When ARGOSUS returns to full production the below safety precautions will be put into place for our associates, drivers and suppliers’ safety. 

Thank you for your support in keeping everybody safe during these unfortunate times. Our goal is always to keep everyone safe and healthy.