The deal was announced earlier this week by U.S. Trade Representative Susan Schwab, who called it a major breakthrough.
In the deal, China will eliminate WTO-illegal tax breaks that aided Chinese companies exporting to the U.S. and other countries, and end taxes and tariffs that harmed reciprocal trade with China.
There was no immediate word how the agreement will impact the import or export of tires and tire-related products. (Tire Review/Akron)