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China’s Commerce Ministry said the two sides agreed to cancel 91% in tariffs on each other’s goods and suspend another 24% in tariffs for 90 days, bringing the total reduction to 115 percentage points ...
Top indexes in New York rebounded when markets opened on Monday, joining peers in Europe that have been making gains.
The deal – how comprehensive is unknown, and may be elusive in Monday's announcement – was reached in Geneva, Switzerland. Tariffs between the countries have escalated to 145% from America on Chinese ...
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