US, China Agree To Slash Tariffs In Trade War De-escalation — 120 posts — The True Story

Summary

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As stock markets rallied after news of a 90-day trade war truce between China and the U.S., some stakeholders remain cautious about what it could mean for the Canadian economy and consumers.
Global News
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The temporary truce will see the United States lower tariffs on Chinese imports to 30% and China reduce its import duties on U.S. goods to 10%, starting Wednesday.
Los Angeles Times
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Following high-stakes negotiations in Geneva, Switzerland, Washington and Beijing announced the deal to temporarily reduce tariffs for 90 days.
The Korea Times
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Chinese officials, influencers and state-run media on Monday were casting the initial trade agreement and 90-day tariff pause with the United States as a victory and a vindication of Beijing's negotiating strategy.
CNBC

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