WASHINGTON—In the strongest sign yet that an accord is near, U.S. Trade Representative Robert Lighthizer said Wednesday that the U.S. was abandoning for now its threat to raise tariffs to 25% on $200 billion of Chinese goods.
His comments came following a House Ways and Means Committee meeting where Mr. Lighthizer said that the U.S. and China have reached a tentative agreement on a mechanism to enforce the trade deal, which has long been a stumbling block in talks.
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Source Article from https://www.wsj.com/articles/u-s-trade-rep-says-china-trade-deal-will-include-enforcement-mechanism-11551294687
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