Market Chatter: Trump Holds Firm on Tariffs Ahead of China Talks
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US President Donald Trump is firm on maintaining tariffs on Chinese goods unless concessions are made by China, as reported by Reuters. Ahead of talks in Switzerland, Trump suggested a possible reduction in tariffs but emphasized that any deal must benefit America. Analysts, including those from Oxford Economics, express skepticism about significant breakthroughs, predicting only modest relief for global trade tensions. The inclusion of a top Chinese security official in the talks raises concerns over fentanyl trafficking, a key issue for Trump.
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