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China and US agree further 90-day trade truce

12/08/2025
China and US agree further 90-day trade truce

Hours before triple-digit tariffs were scheduled to kick in on either side, the US and China agreed to continue their negotiations for another 90 days.

Earlier this year, the US said it would impose total tariffs of 145% on imports from China. In retaliation, products moving in the other direction were to be subject to tariffs of 125%.

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