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Don't break out the champagne: The trade war truce is just a reprieve
Source: Buzz FX / 12 May 2025 19:16:28 America/Los_Angeles
There were enormous sighs of relief in global financial markets when the US and China announced far bigger than expected cuts to their tariffs on Monday. The deal cut in Geneva, however, is a reprieve within the trade war, not a resolution.
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