US and China Reach Trade Deal Framework: Tariffs Averted?
Update: 2025-10-26
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Trade War Averted? US and China Reach Tentative Deal! Treasury Secretary Bessent's announcement of a new trade framework with China has put a hold on looming 100% tariffs, offering relief to businesses and consumers. This breakthrough, focusing on increased Chinese purchases of US agricultural goods, precedes a crucial meeting between Presidents Trump and Xi. Is this the path to lasting peace, or just a temporary truce in the ongoing trade battle?
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