The United States and China are exploring a trade pact that would halt further tariffs from Washington in exchange for new talks looking at major changes to Beijing’s economy policies, officials from both governments told The Wall Street Journal.
Discussion between the two nations has reportedly occurred via telephone over the past several weeks, with both sides eager to quell mounting trade tensions ahead of a meeting between President Donald Trump and China President Xi Jinping at a Group of 20 summit in Buenos Aires.
This is a developing story. Check back for updates.