Chinese, US trade teams in close contact on tariff reduction plan

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File photo of He Yadong, spokesperson for China's Ministry of Commerce. /VCG

The Chinese and US economic and trade teams are maintaining close communication on issues including tariff reductions, China's Ministry of Commerce said Thursday.

Ministry spokesperson He Yadong made the remarks at a regular press conference when asked about the latest progress in consultations on a reciprocal tariff reduction framework arrangement that would cover $30 billion worth of products from each side.

Further developments will be released in due course, the spokesperson said.