US, China putting trade war on hold after progress in talks
WASHINGTON (AP) " The world's two biggest economies are pulling back from the brink of a trade war after making progress in talks aimed at bringing down America's massive trade deficit with China."We are putting the trade war on hold," U.S. Treasury Secretary Steven Mnuchin said on "Fox News Sunday."After high-level talks Thursday and Friday, Beijing agreed in a joint statement with the U.S. to "substantially reduce" America's trade deficit with China " but didn't commit to cut [...]
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