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A US-China ‘mini deal’

In highly anticipated negotiations, the US and China ended last week agreeing a truce in their trade conflict with a ‘mini deal’.
14 October 2019
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    Key takeaways:

    • The US and China have agreed a truce in their trade conflict with a ‘mini deal’ that sees the US holding off on tariff increases scheduled for 15 October in exchange for some concessions from China, mainly around agricultural purchases
    • Nevertheless, this deal does not address a number of ongoing disagreements. The Trump administration has also maintained its warning of a new round of tariff increases on 15 December

     


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