Breaking News: US to lower tariffs on China from 145% to a base 10%, 20% fentanyl levy for 90 days

The highly anticipated joint US-China statement on the first round of high-level US-China trade talks held over the weekend in Geneva, Switzerland, is out, stating that “the US will modify application of rate of duty on articles of China by suspending 24 percentage points of that rate for initial period of 90 days.”

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