China may lower some tariffs on some food/drugs - China Press

The Economic Information Daily, an affiliate of the Xinhua China News Agency, is reporting from unnamed sources that China may be lowering tariffs on key food, drug, and medical tariffs.

No further details are given about the suggested cut, and the two-day meeting between the US and China ended with little progress. The US is still demanding an arbitrary $200 billion reduction in China's trade balance with the US, and concerns are now focused on reducing the threat of an all-out trade war.