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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.
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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