In this photo taken Wednesday, Nov. 6, 2019, visitors chat near American and Chinese flags displayed at a booth of an American company promoting environmental sensors during the China International Import Expo in Shanghai. Washington and Beijing have agreed to cancel tariff hikes as their trade negotiations progress, a Chinese Commerce Ministry spokesman said Thursday, Nov. 7, 2019. (AP Photo/Ng Han Guan)
In this March 29, 2018, file photo, Chinese Ministry of Commerce spokesman Gao Feng listens to a reporter’s question during a press conference at the Ministry of Commerce in Beijing. On Thursday, Nov. 7, 2019, China’s Commerce Ministry says Washington and Beijing have agreed to cancel tariff hikes as their trade negotiations progress. (AP Photo/Mark Schiefelbein, File)
BEIJING Prospects appear to have brightened for a preliminary breakthrough in the U.S.-China trade war after the two sides agreed to reduce some punitive tariffs on each others goods as part of an initial agreement.