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The Independent UK
The Independent UK
Shweta Sharma

US and China strike temporary trade truce. Could it be a turning point in Trump-Xi economic war?

A trade war that threatened to upend the global market and tip the US into recession has been paused with an agreement between the US and China to temporarily slash tariffs, though questions remain over its lasting stability over unresolved key issues.

After a weekend of marathon negotiations to break the trade standoff in Geneva, the US and China announced they would suspend their respective tariffs for 90 days as negotiations continued.

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