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U.S. Delays China Tariffs Until After Trump-Xi Summit

By Drooid · · How we work

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Story summary
  • The United States will delay announcing new tariffs on China until after the Trump-Xi summit.
  • The delayed tariffs were expected to impose a 7.5% duty on Chinese goods.
  • If implemented, the 7.5% duty would raise overall China tariffs to roughly 20%.
  • The Pentagon will acquire about a 20% stake in a U.S. tungsten producer to reduce China reliance.