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U.S. and China Reach Deal to Ease Trade Barriers
The United States and China have reached an agreement to ease trade barriers between the two countries. The deal signals a possible reduction in tariffs and other restrictions that have weighed on bilateral commerce in recent years. Details of the agreement, including which barriers will be rolled back and on what timeline, have not yet been made fully public, and businesses on both sides are watching closely for what it means for supply chains and prices.
Why now: A trade agreement between the world's two largest economies has major implications for global markets and supply chains.
Evidence
- U.S. and China reach deal to ease trade barriers · Central Oregon Daily
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