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Forex

US will lower "de minimis" tariffs on China shipments from 120% to 54%

Citing a White Home government order, Reuters reported on Tuesday that the US will lower “de minimis” tariffs on China shipments from 120% to 54%, with a minimal flat payment of $100 to stay.

In the meantime, China introduced that it has eliminated a ban on Boeing deliveries after the commerce truce with the US.

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