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China and U.S. Agree to Temporary Trade Truce

HeadlineDec 03, 2018

At the G20 summit in Argentina, President Trump and Chinese President Xi Jinping have agreed to a truce in the ongoing trade war between the two countries. Trump will reportedly temporarily halt his plan to raise the current U.S. tariffs on Chinese goods from 10 to 25 percent, while China has agreed to increase its purchase of agricultural and industrial products from the U.S., as well as halt the export of fentanyl, a synthetic opioid, to the U.S.

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