(The Center Square) – China remains behind on its May pledge to buy U.S. farm goods as President Donald Trump hosts Chinese President Xi Jinping, with a trade truce set to expire Nov. 10.
The talks could decide whether suspended higher tariffs on some Chinese imports take effect, whether U.S. farmers see the sales Beijing promised and whether the two countries extend the one-year truce they reached last fall. The Tax Foundation, a nonpartisan tax-policy nonprofit, estimates all U.S. tariffs combined will cost the average household $820 this year, and the Yale Budget Lab, a nonpartisan policy research center, puts the annual cost at about $1,100.
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