US and China reach truce in trade dispute | Business| Economy and finance news from a German perspective | DW | 03.12.2018
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Business

US and China reach truce in trade dispute

The United States has pledged to hold off for 90 days on plans to raise tariffs on Chinese goods from 10 to 25 percent. In exchange, China will buy more US products and, according to US President Donald Trump, reduce or scrap tariffs on US-made cars.

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