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U.S., China to Tie Tariff Relief to Failed Deal From May

  • May proposal is baseline to work out how much to roll back
  • Trump administration said to debate precise figure internally
Bloomberg business news
U.S., China Said to Explore Tariff Relief Using Failed Deal From May
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The near-deal between the U.S. and China that fell apart six months ago is now being used as the benchmark to decide how much tariffs should be rolled back in the initial phase of a broader trade agreement, people familiar with the talks said.