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USTR: US tariff reduction in China phase one to take effect Feb. 14 - Bloomberg

According to Bloomberg, the US Trade Representative (USTR) posted notice of tariff reduction in the Federal (Fed) register.

Further Details:

US tariff reduction in China phase one to take effect Feb. 14.

Tariff reduction notice matches expectations under phase 1 deal.

The risk sentiment appears stable amid China's transparent response to the virus outbreak and incoming reports of the first case of the coronavirus reported in Hong Kong. USD/JPY hovers below 110.00 while the Aussie remains capped below 0.6850. 

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