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Posted by
Two Blokes Mon at 8:00 PM -
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The US and China have agreed to reduce tariffs significantly, with the US lowering tariffs on Chinese products from 145% to 30% and China reducing tariffs on American products from 125% to 10%. The deal, led by US Treasury Secretary Scott Bessent, is expected to reduce trade uncertainty and boost stock markets, as indicated by the sharp decline in the VIX index.
