Trump and Xi Reach Trade Truce Amid Controversies

1 min read
Source: Reuters
Trump and Xi Reach Trade Truce Amid Controversies
Photo: Reuters
TL;DR Summary

The US and China reached a deal to de-escalate their trade war, including halving tariffs on fentanyl-related Chinese goods, a one-year pause on China's rare earth export controls, a suspension of retaliatory tariffs, and commitments from China to purchase more US soybeans and other goods, while also cooperating on fentanyl trafficking and port fees.

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