This Valentine’s Day, China will be extending an olive branch and lowering its punitive tariffs on American goods. China’s Ministry of Finance announced that it will be halving its tariffs on some US$75 billion ($103.5 billion) worth of imports from the US, effective from Feb 14.
Quoteworthy: "You've waited 20 years, extending six months doesn't actually matter." — Malaysia's Anwar Ibrahim, on waiting beyond the initially agreed May deadline to take over as prime minister from Mahathir Mohamad.
China to half tariffs on US goods from Feb 14
