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Trump delays China tariff increases by another 90 days
Trump has extended the current pause on higher tariffs with China for another 90 days while trade negotiations continue.
President Donald Trump has signed an executive order extending lower tariffs with China for another 90 days, CNBC reports. For companies manufacturing products abroad, the sudden swerves in Trump administration trade policy seem almost as difficult to deal with as the tariffs themselves. And early today, both AMD and NVIDIA reportedly agreed to pay the US 15 percent of their profits to be allowed to sell GPUs in China.
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