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China signals openness to trade talks with US under condition that high tariffs must be removed
China is open to trade talks with the US if high tariffs are removed, while also prepared to retaliate if necessary. US tariffs on Chinese goods are causing price increases for consumers and impacting businesses like Apple, which anticipates a $900 million hit. The Port of Los Angeles is experiencing a significant drop in cargo volume, but global stock markets rose on hopes of trade negotiations.
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