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U.S. and China Agree to Lower Tariffs
U.S. and China Agree to Lower Tariffs
U.S. and China Agree to Lower Tariffs
Over the weekend, the U.S. and China agreed to temporarily lower tariffs on each other’s products, which Bloomberg called a dramatic ratcheting down of trade tensions between the two largest economies in the world.   For the next 90 days, the combined 145% levies on most Chinese imports will be dropped to 30%, including the rate tied to fentanyl by Wednesday May 14th.  The 125%...

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