CHINA'S initial proposal to tariffs imposed by United States President Donald Trump's administration will center on restoring the "Phase 1" trade deal signed in 2020 during his first term, the Wall Street Journal (WSJ) reported, citing sources.
Other parts of China's plan will include a pledge to not devalue the yuan, an offer to make more investments in the US and a commitment to reduce exports of fentanyl precursors, the WSJ report said.
