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Companies welcome US-China trade truce, warn disputes remain

Updated : October 14, 2019 08:01 AM IST

President Donald Trump said Washington will suspend a tariff hike planned for Tuesday on $250 billion of Chinese goods. In exchange, Trump said China agreed to buy as much as $50 billion of American farm goods.
China’s exports to the United States, its biggest foreign market, have plunged, adding to pressure on Xi’s government to shore up cooling economic growth and avoid politically dangerous job losses.
Companies welcome US-China trade truce, warn disputes remain
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