US and China Pledge Tariff Cuts on Sixty Billion in Goods
China and the United States announced plans for reciprocal tariff cuts on sixty billion dollars of imported goods. Both nations also extended their current trade truce through January. Markets reacted cautiously as details remained limited.
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China and the United States will pursue reciprocal tariff cuts on $60 billion in bilateral trade. The trade truce extension follows a leaders summit held in Washington last week. The agreement aims to resolve economic disputes while easing market access for agricultural goods and consumer products.
