The United States and China have agreed to hold further talks about trade and exports, as the world’s two largest economies step back from the brink of a global trade war. Over the weekend, Treasury Secretary Steve Mnuchin said the threatened trade war would be put “on hold,” backing the U.S. away from imposing tariffs on $50 billion of China’s exports to the United States, while China appears to have committed to importing more energy and agricultural commodities from the United States.
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