Wednesday 19 September 2018
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4 months ago

Economic talks between US and China lead to trade war truce

WASHINGTON --- The United States and China are pulling back from the brink of a trade war after the world s two biggest economies reported progress in talks aimed at bringing down America s massive trade deficit with Beijing. We are putting the trade war on hold, Treasury Secretary Steven Mnuchin said Sunday. After high-level talks Thursday and Friday in Washington, Beijing agreed in a joint statement with the US to substantially reduce America s trade deficit with China, but did not commit to cut t

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