China has overhauled its tariff structure for the new year, lowering tariff rates temporarily for 935 tariff items. The target of this move is high-tech components, green materials and medical goods, as China looks to upgrade its industrial base and support its climate and public health goals.

Mexico's Congress has approved a proposal to raise tariffs for more than 1,400 products from China and other trading partners that do not have a trade agreement with the country. This action has drawn criticism from Beijing, which has an ongoing investigation on the tariffs.

Earlier this month, China and the Republic of the Congo signed an early harvest agreement on trade, granting tariff-free treatment to goods from the African country.

Today, the Chinese government announced a rollback of some retaliatory measures, including tariffs on key agricultural products and sanctions on U.S. entities, as Beijing took another step to implement a recent trade deal with the United States to deescalate the ongoing economic tensions.

Last week, China and the U.S. announced that they had reached an agreement resulting in the temporary suspension of specific tariffs and non-tariff measures. This piece focuses on the relief from the Chinese side, which remains conditional and subject to further regulatory action.

In a fact sheet published yesterday, the Trump administration offered its perspective on what had been agreed to with China as part of recent talks.

Trade officials from China and the United States met in South Korea, where bilateral trade talks led to the announcement today of a temporary truce in the protracted trade conflict. The agreement involves a suspension of some tariffs, export restrictions, and the collection of port fees; a Chinese commitment to