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The U.S. and China reached an agreement to cut tariffs dramatically to diffuse the trade ware. On Thursday, the U.S. will lower its overall tariffs on Chinese good from 145% to 30%. China will cut its tariffs on American imports from 125% to 10%.
Read more: https://www.kgw.com/article/news/nation-world/us-china-pause-tariffs/507-2795bbe8-57a3-4bb4-a608-27a46bc13f90
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