12 May 2017
US and China reach a trade deal - RTRS
Latest headlines crossing the wires, via RTRS, note that the US and China have reached a trade deal.
Reuters reports the following comments from the US commerce secretary Wilbur Ross:
US & China will expand trade in beef and chicken, increase access for financial firms
China will allow U.S. imports of beef no later than July 16
The United States said it would issue a proposed rule to allow Chinese cooked poultry to enter U.S. markets ... also by July 16
China will also allow U.S.-owned card payment services to begin the licensing process
Allows full access For Visa, Mastercard and American Express
Foreign-owned firms in China will also be able to provide credit rating services