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  • China says US agrees to roll back tariffs if phase one deal reached

    China says US agrees to roll back tariffs if phase one deal reached

    The U.S. and China have taken another step toward finalizing a part of a longer-term trade deal.

    The two countries have agreed to roll back some tariffs on each other's goods in phases, according to a Chinese Ministry of Commerce spokesman.

    The amount of tariff relief will depend on the content of the "phase one" agreement.

    Gao Feng said the two sides had "constructive talks."

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