Politics

China's MOFCOM says Chinese and US trade teams are maintaining close contact on negotiations over mutual tariff reductions covering USD 30bln and will publish updates when appropriate

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China's MOFCOM confirmed ongoing US-China talks on USD 30 billion mutual tariff cuts and urged the EU to amend discriminatory "Europe First" draft procurement rules.

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MOFCOM says China is highly concerned about a “Europe First” clause in the European Commission’s draft public procurement law, urging the EU to comply with WTO rules, maintain open markets and amend discriminatory provisions affecting third-country companies.

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