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US and China strike trade deal worth $30 billion each

Original: U.S. and China strike trade deal for tariff cuts worth nearly $30 billion each

The United States and China have reached a trade agreement that will cut tariffs worth nearly $30 billion for each side. The deal, reported by Fast Company, marks a significant step in easing tensions between the world's two largest economies. Further details on the terms and timeline have not yet been widely reported.

Why now: The announcement of a major tariff-cutting deal between the US and China has major implications for global trade and markets.

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