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US-China Trade Deal Unveiled

The terms of the latest US-China trade agreement are now public — and they could have major short-term implications for global trade.

• The United States will reduce tariffs on Chinese goods to 30% for the next 3 months.

• Meanwhile, China will cut tariffs on US goods to 10%, also for a 3-month period.

This temporary easing of tariffs appears to be a strategic move to de-escalate trade tensions and possibly pave the way for a longer-term agreement.

Markets, manufacturers, and exporters on both sides will be watching closely to see how this affects trade volumes and negotiations going forward.

Stay tuned — this could be just the beginning of a bigger shift in US-China trade relations.

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