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Politics

US, China reach deal to temporarily slash tariffs, easing slump fears

Politics

US, China reach deal to temporarily slash tariffs, easing slump fears

The U.S. and China said on Monday they agreed to temporarily slash their steep tariffs on each other, sending global stocks and the U.S. dollar surging as the world's top two economies tapped the brakes on a trade war that had fed fears of a global recession.

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