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China, U.S. sign initial trade pact but doubts and tariffs linger

Written by Reuters | Source: Reuters | January 16, 2020 03:22 AM

BEIJING/WASHINGTON (Reuters) - China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global growth.

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