America-China new trade deal.. '30-for-30' tariff reduction agreement!

The long-running trade war between the superpowers has come to a head. The two countries have signed a mutual agreement to reduce import duties on goods worth 30 billion dollars.

• America has given tax exemption on 77 items including microwave ovens, coffee makers and toys.
• Establishment of a special 'Bilateral Trade Council' to regulate trade relations.