Commerce Ministry Reports US-China Tariff Talks

The Chinese Ministry of Commerce has reported that China and the United States are currently engaged in consultations to establish a framework for mutually reducing tariffs by $30 billion for each side, with the goal of reaching an agreement as soon as possible. These discussions are part of the American and Chinese efforts to boost trade and reduce trading tensions between the two countries, including the products that will be subject to the reductions. Technology and economic cooperation remain a key focus in the ongoing efforts between the two nations to achieve greater economic harmony.

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