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China ‘accepts’ Joe Biden will not rush to remove Donald Trump’s US trade war tariffs, analysts say

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[unable to retrieve full-text content]US President-elect Joe Biden’s decision to keep the Trump administration’s tariffs on Chinese goods for the time being is “acceptable” for China, analysts said.China and the United States signed a phase one trade deal in January, and the US halved a tariff on US0 billion of Chinese goods to 7.5 per cent, but 25 per cent tariff on US0 billion worth of goods remains.China is mentally prepared, the country has the best expectations for Biden’s China policy, but is prepared for the worst-case…

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[unable to retrieve full-text content]
US President-elect Joe Biden’s decision to keep the Trump administration’s tariffs on Chinese goods for the time being is “acceptable” for China, analysts said.China and the United States signed a phase one trade deal in January, and the US halved a tariff on US$110 billion of Chinese goods to 7.5 per cent, but 25 per cent tariff on US$250 billion worth of goods remains.China is mentally prepared, the country has the best expectations for Biden’s China policy, but is prepared for the worst-case…

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