China to halve additional tariff on $75 billion US imports from Feb. 14

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China will halve additional tariffs on some $75 billion of goods imported from the United States, following the signing of a Phase 1 trade deal that brought a truce to a bruising trade war.

Ttariff reductions for the relevant goods, which were initially announced on Sept. 1, will take effect from 0501 GMT on Feb. 14, said China’s finance ministry in a statement on Thursday.

The reductions come about three weeks after the two countries signed the Phase 1 trade deal in Washington, which included China’s promise to boost purchases of US goods . . .

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