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SCMP: US To Exempt Some Chinese Goods From Tariffs

US-CHINA

SCMP carrying a story that according to a senior US official, USTR Katherine Tai is set to announce the start of a process by which certain products from China will no longer be subject to US import tariffs.

  • Tai is set to speak later today on the subject of US-China trade relations. Story claims that according to the source the US is not seeking to escalate tensions, but does not expect any change in stance from Beijing away from an "authoritarian state-centric approach" to trade.

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