US and China Reach One-Year Truce on Rare Earths and Tariffs
TL;DR Summary
The US and China have agreed to a one-year delay on expanding trade sanctions and export controls, including halving fentanyl tariffs and resuming soybean imports, as part of a broader détente to ease tensions and work towards future agreements, including TikTok operations.
Topics:business#fentanyl-tariffs#rare-earth-minerals#sanctions-delay#trade-restrictions#us-china-relations#world
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