U.S. and China Agree to Temporarily Slash Tariffs in Bid to Defuse Trade War

May 12, 2025 - 00:30
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U.S. and China Agree to Temporarily Slash Tariffs in Bid to Defuse Trade War
Officials said in a joint statement they would reduce tariffs, “recognizing the importance of a sustainable, long-term, and mutually beneficial economic and trade relationship.”

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