Is there a breakthrough in the US-China trade war?

CHIP SOMODEVILLA / GETTY IMAGES NORTH AMERICA / AFP

The USA will suspend the implementation of its next tariff hike on Chinese imports.

It comes after two days of trade talks between the countries in Washington.

Donald Trump said negotiators had successfully reached a "phase one deal."

The US President said this would increase agricultural purchases as well as address issues like technology theft.

Meanwhile, Liu He, who is China's chief negotiator, told reports that he was "happy" with the progress of the talks.  

More from Business

Coming Up on Dubai Eye

  • The Best of Dubai Eye 103.8

    Noon - 7:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

  • The Music Mix

    7:00pm - 11:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!