Trade war tensions ease

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May 20, 2018 - 11:00 PM

WASHINGTON (AP) — President Donald Trump today hailed his administration’s temporary truce with China on trade, even as his Treasury secretary and China struck a note of caution on the latest agreement.

After high-level talks in Washington last week, Beijing has agreed to “substantially reduce” America’s trade deficit with China.

“On China, Barriers and Tariffs to come down for first time,” Trump tweeted.

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