China and the U.S. have reached a deal to temporarily slash tariffs by 115% after high-level talks in Geneva over the weekends. Chinese Vice Premier He Lifeng said at a press conference that the China-U.S. trade and economic relations are not only important to both countries, but to the world as well, but the key for a win-win relations is based on the principles of mutual respect, peaceful coexistence and win-win cooperation. ⁣ ⁣ #ChinaUS #tariff #tradetalks