U.S. and Chinese negotiators have agreed to eliminate some tariffs “in phases” as talks continue to finalize a partial Phase One trade deal, a spokesman for China’s Commerce Ministry said Thursday at a press conference in Beijing.

China on Thursday issued a stern new warning that it will be forced to retaliate if the U.S. follows through on a threat to levy new import tariffs, beginning Sept. 1.

WASHINGTON, Aug. 22, 2017 – Subsidies provided for biodiesel production in Argentina and Indonesia run afoul of international trade rules, the U.S. Commerce Department ruled Tuesday when it slapped a countervailing duty on imports from the two countries.

WASHINGTON, June 8, 2017 – The preliminary deal that the U.S. and Mexico announced on Tuesday on Mexican sugar exports hasn’t halted negotiations or pressure from lawmakers and industry groups on the Commerce Department to alter the agreement as it was laid out to the public.

WASHINGTON, May 11, 2017 – When President Donald Trump met with Chinese President Xi Jinping about a month ago, they agreed on a 100-day action plan to address trade barriers between the two countries. Now those discussions appear to be clearing the way for more U.S. beef and biotechnology.