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The new arrangement covers US exports, including agricultural products, wood and cosmetics, to China. Chinese goods such as small appliances, toys and decorations will also receive more favourable tariff treatment, according to the White House, as reported by Reuters. This came after Chinese President Xi Jinping held a three-day visit to the US and held bilateral meets with US President Donald Trump. The visit marked Xi’s first trip to Washington since 2015. China’s Ministry of Foreign Affairs said the two countries agreed to carry forward the outcomes of their earlier discussions in Kuala Lumpur and establish a trade council to…
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