No trade war, this time US-China in mutual agreement
After a long-running trade dispute between the United States and China, the two countries have finally reached a framework agreement at a meeting in London. According to the agreement, China will ease restrictions on rare earth mineral exports and the United States will reduce tariffs on Chinese goods from 145 percent to 55 percent. There is also a commitment to welcome Chinese students to American colleges. US President Donald Trump has responded positively to the agreement. In addition, despite mixed reactions in the market, concerns remain among small traders.
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