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Market Impact: 0.65
US-China Discuss Cutting Some Tariffs as Leaders Prepare to Meet
Source: Bloomberg
Trade Policy & Supply ChainTax & TariffsGeopolitics & WarEnergy Markets & PricesCommodities & Raw Materials
Prospects are strengthening for an extension of the US-China trade truce ahead of next week's leaders' summit. The two countries are discussing tariff reductions on goods including US energy and agricultural products, which could support bilateral trade flows and improve sentiment across commodity, energy and export-oriented sectors.
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moderately positive
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