Mnuchin says US has deal with China to cut trade deficit, will hold off on tariffs

Mnuchin says US has deal with China to cut trade deficit, will hold off on tariffs



Treasury Secretary Steve Mnuchin said Sunday that the U.S. and China -- the world’s two biggest economies -- have reached a tentative deal to cut trade deficits that includes the U.S. putting China tariffs on hold, an agreement that potentially averts an economic standoff that would have global economic impacts.

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