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Trending: US and China Reach Deal to Slash Lower Tariffs for 90 Days

By David Schonauer   Tuesday May 13, 2025

The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. But the de-escalation in President Donald Trump’s trade wars did nothing to resolve underlying differences between Beijing and Washington, notes Associated Press:  The deal lasts …

Read the whole story at Associated Press.


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