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The US and China are finally talking. Why now?
The US-China trade war could be letting up, with the world's two largest economies set to begin talks in Switzerland. Top trade officials from both sides will meet on Saturday in the first high-level meeting since US President Donald Trump hit China with tariffs in January. Beijing retaliated immediately and a tense stand-off ensued as the two countries heaped levies on each other. Those now stand at 125%, although some Chinese imports to the US face duties as high as 245%. There have been weeks of stern, and sometimes fiery, rhetoric where each side sought to paint the other as the more desperate party. And yet this ... (full story)
