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The US and China have reached a temporary truce in the trade wars, but more turbulence lies ahead

  • Written by The Conversation

Defying expectations, the United States and China have announced an important agreement to de-escalate bilateral trade tensions after talks in Geneva, Switzerland.

The good, the bad and the ugly

The good news is their recent tariff increases will be slashed. The US has cut tariffs on Chinese imports from 145% to 30%, while China has reduced levies...

Read more: The US and China have reached a temporary truce in the trade wars, but more turbulence lies ahead

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