WASHINGTON — U.S. President Donald Trump on Wednesday welcomed China’s decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a delay to scheduled tariff hikes on billions worth of Chinese goods.
Beijing’s exemptions and Washington’s delay came days ahead of a planned meeting aimed at defusing a trade war between the world’s two largest economies.
China’s decision to exempt some U.S. goods was a “big move” by Beijing and a positive gesture before trade negotiators from both countries meet in Washington, Trump told reporters at the White House.
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