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tahsinjunior
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#TradeWarEases Following high-stakes talks in Geneva, the United States and China have agreed to ease their trade war. Both nations will remove the majority of tariffs imposed since April, with the US reducing tariffs on Chinese goods to 30% and China lowering levies on American imports to 10%. This 90-day truce aims to provide relief to exporters and calm global markets while deeper negotiations continue. Treasury Secretary Scott Bessent hailed "substantial progress," emphasizing that neither side desires economic decoupling. This breakthrough has been welcomed by stock markets, signaling optimism for a potential thaw in relations between the world's two largest economies.
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