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Euronews
Euronews
Una Hajdari

After over a year of tit-for-tat, the US and China could slash sky-high tariffs

China United States Donald Trump Beijing Washington D.C. Boeing

Beijing will work with Washington on reducing levies affecting tens of billions of dollars in goods, the commerce ministry said Wednesday and days after US President Donald Trump visited China.

The world's two largest economies spent much of 2025 embroiled in an escalating trade war until Trump and Chinese President Xi Jinping reached a one-year truce when they met in South Korea in October.

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