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U.S., CHINA INCH TOWARD AGREEMENT –

U.S., CHINA INCH TOWARD AGREEMENT – The U.S. and China are moving closer to a trade deal after the U.S. agreed to a reprieve for Chinese telecom giant ZTE Corp. and Beijing said it will reduce car tariffs to 15 percent. The U.S. had previously agreed to suspend tariffs on up to $150 billion in Chinese imports while the two countries negotiated a new trade deal. (Wall Street Journal)

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