US and China agree to critical extension, preventing tariff surge on the world’s two largest economies
By Elisabeth Buchwald, Phil Mattingly, CNN (CNN) — The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, a White House official told CNN. Without the agreement, tariffs were set to immediately surge, risking a return to ultra-high levels that had formed an effective blockade on
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