China and the United States will hold further consultations on reciprocal tariff reductions under the mechanism of the trade council, the Ministry of Commerce said on Thursday.

China and the United States will hold further consultations on reciprocal tariff reductions under the mechanism of the trade council, the Ministry of Commerce said on Thursday.

Beijing targets ‘win-win’ ties, dangling a US$300 billion proposal while justifying fresh restrictions on American firms over a Pentagon blacklist.