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US-China trade deal: After Donald Trump, China says details of deal ‘confirmed’; adds America to 'cancel series of restrictive measures’
The US and China have finalized a trade deal, with the US agreeing to cancel restrictive measures, according to China. This follows earlier discussions and a negotiation framework established in London. China is expediting rare earth export approvals, a crucial element in high-tech manufacturing, while both economies have faced negative impacts from trade tensions, including declining manufacturing profits and economic slowdown.
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