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China Calls Off New Tariffs On U.S. Goods After Trade Deal
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The transcript discusses the Phase One trade deal between the US and China, which aims to ease the ongoing trade war. The US agreed to delay and reduce tariffs on Chinese imports, while China committed to purchasing $50 billion in US agricultural products. This deal marks a step towards resolving the trade conflict, with plans to negotiate a more comprehensive Phase Two deal in the future.
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