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US to cut 'de minimis' tariff on China shipments, bolstering broader trade truce

The tariff relief comes in the wake of Beijing and Washington announcing a truce in their trade spat after weekend talks in Geneva, with both sides agreeing to unwind most of the tariffs imposed on each other's goods since early April.
Last Updated : 13 May 2025, 09:47 IST
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Published 13 May 2025, 09:47 IST

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