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China, US slash sweeping tariffs in trade war climbdown
China, US slash sweeping tariffs in trade war climbdown
Economy
by  AFP

The United States and China slashed sweeping tariffs on each others' goods for 90 days on Wednesday, marking a temporary de-escalation in a brutal trade war that roiled global markets and international supply chains. China said Wednesday it was suspending certain non-tariff countermeasures too for 90 days, according to a commerce ministry spokesperson.