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PEACE TREATY? – China and the U.S. are chipping away at their differences during this week’s trade talks. After agreeing to buy American soybeans again and cutting tariffs on American cars, the Asian nation Tuesday approved five GM crops for import. The move, seen as a “goodwill gesture,” is welcome news to farmers and seed companies because they have long complained that China is especially slow to approve GM crops. In another welcome announcement, the two countries extended the trade talks into Wednesday.

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