China and Germany signed a deal worth $200 billion in the wake of America's Tariffs

China and Germany emphasized on the importance of free trade while Chinese prime minister Li visited Berlin.

Chinese Premier Li Keqiang has told a forum that free trade needs to be upheld.

Chinese Premier Li Keqiang has told a forum that free trade needs to be upheld. Source: AAP

As reported by CNBC,Chinese prime minister Li has visited his counterpart in Germany yesterday, and agreed on a $236 deal in the wake of America's Tariffs.
Angela Merkel following a meeting with Horst Seehofer at CDU headquarters in Berlin
Angela Merkel following a meeting with Horst Seehofer at CDU headquarters in Berlin Source: AAP
Industrial giants like Siemens, Volkswagen, BASF, BMW, etc. were all involved in this deal, while BMW has already suffered from this US-China trade war. 

This Friday, Donald Trump will start imposing tax on $34billion of Chinese goods.
China's envoy to the World Trade Organisation has urged that the body do more over the United States tariffs plan for his counry.
China's envoy to the World Trade Organisation has urged that the body do more over the United States tariffs plan for his counry. Source: AAP
Please check more details on SBS Mandarin Website. 


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1 min read
Published 10 July 2018 5:15pm
Updated 11 July 2018 3:49pm
By Yu Xia
Source: Reuters, CNBC


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