The Port of LA’s executive director called for the U.S. and China to work toward a long-term agreement and urged the U.S. to engage other countries in reducing existing tariffs.

The move reduces the tariffs imposed on Chinese goods by President Donald Trump to 30 percent, and those imposed on U.S. goods by Beijing to 10 percent. They will continue negotia

Donald Trump said he would raise tariffs on China if the two countries failed to reach a trade deal in 90 days, but would stop short of ratcheting them back up to 145 per cent. Trump increased the additional tariffs he was applying to all Chinese imports to 145 per cent last month,