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Pause welcome, but China tariffs still too high, AAFA says

14/08/2025

China and the US have agreed to extend a tariff truce and to continue their negotiations for a trade agreement for another 90 days. Earlier this year, the US said it would impose total tariffs of 145% on imports from China. In retaliation, products moving in the other direction were to be subject to tariffs of 125%. In mid-May, the two countries ...

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