U.S. Is Considering Extending $34B In Tariff Suspensions For China

The video discusses the US tariffs on $34 billion worth of Chinese goods imposed in July 2018 due to concerns over technology transfer and intellectual property. In December 2018, exclusions were granted for a year, and the US is now considering extending these suspensions on a case-by-case basis. Recent developments indicate a positive trend in US-China trade relations, with the Trump administration delaying further tariffs and progress being made on a trade deal addressing intellectual property and agricultural purchases.

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