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A 90 days trade agreement announced by The Washington Post. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer said U.S. tariffs on Chinese goods would be reduced from 145 to 30 percent. China said it would cut its blanket tariffs from 125 to 10 percent starting Wednesday. The agreement provides a temporary reprieve in a trade war that threatens to cause a global recession and deepen a widening rift between the world’s two largest economies. |
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