Business How China tariffs on US commodities, energy stand after Phase 1 trade deal Updated : January 17, 2020 06:10 AM IST A senior Trump administration official confirmed on Wednesday that China will need to issue waivers or adjustments to tariffs to meet its buying commitments. United States reduced some tariffs and Beijing cancelled retaliatory duties that were scheduled to take effect on December 15. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.