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US and China agree to slash tariffs for 90 days
Following negotiations in Geneva, the United States and China have agreed to lower tariffs substantially for the next 90 days.
Following negotiations in Geneva, the United States and China have agreed to lower tariffs substantially for the next 90 days, the White House announced. It's not clear exactly how that will affect prices of electronics goods coming into America from China like smartphones, computers, cameras and drones. I thought tariffs would be cut to somewhere around 50 percent and this is much lower," economist Zhiwei Zhang told Reuters.
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