China says holding 'in-depth' talks with U.S. on interim trade deal

BEIJING (Reuters) - China and the United States are holding "in-depth" discussions on a first phase trade agreement, and cancelling tariffs is an important condition to reaching a deal, the Chinese commerce ministry said on Thursday. The degree of tariff cancellation should fully reflect the importance of a 'phase one' agreement, ministry spokesman Gao Feng told a regular briefing. "China has emphasised many times that the trade war began with additional tariffs and should end with the..