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Trade agreement between Washington and Beijing

Washington - Al Sharqiya, May 12: The United States and China announced an agreement to reduce counter-tariffs as part of their efforts to end a trade war that has confounded the global economy and caused concern in the financial markets. US Treasury Secretary Scott Besent told reporters after his talks with Chinese officials in Geneva that the two sides had reached an agreement to suspend measures for 90 days, adding that counter-tabs It will decrease to 115 percent.

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