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CHINA AND US REACH TRADE CONSENSUS
China’s Vice Minister of Commerce Li Chenggang announced that China and the United States reached a consensus on key trade issues after “candid and constructive” talks in Kuala Lumpur.
Discussions covered export controls, tariff suspensions, fentanyl-related measures, anti-drug cooperation, trade expansion, and US Section 301 fees.
Li said both sides will now begin internal approval procedures.
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