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Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff
The US has reached a new trade agreement with China under which all Chinese imports will face a 55% tariff, while American exports to China will be subject to a reduced 10% tariff. This was the result of two days of talks between diplomats from the two nations in London.
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The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London.
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