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The United States granted a 90-day pause on tariff hikes above the 10 percent minimum to facilitate negotiations, which resulted in a first agreement with the United Kingdom, while China's retaliatory tariffs escalated sharply before being scaled back during trade talks.
Authors
Sources
- U.S. tariff outcomes dependent on trading partner responses www.dallasfed.org via serper
Referenced by nodes (3)
- U.S. location
- China location
- United Kingdom location