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Forced Labor Tariff
- U.S. Treasury Secretary Scott Bessent met Chinese Vice Premier He Lifeng in New York City on Sept 20.
- Officials said the meeting was meant to ready the Trump-Xi summit, expecting only modest, incremental, limited agreements.
- Talks covered trade truce ending Nov 10 and shortfalls in Chinese rare-earth magnets.
- The United States recently reinstated a 12.5% tariff on Chinese goods over forced-labor allegations.
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