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US-China Trade Deal: While the fineprint is yet to be released, Trump had indicated ahead of the talks that he was willing to cut the tariff rate on China to 80 per cent
Trade Shockwave!
USA slashes tariffs on Chinese imports from 145% to just 30% for the next 90 days.
China fires back by cutting tariffs on U.S. goods from 125% to a mere 10%!
A major cooldown in the U.S.-China trade war could ignite global market rallies