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China Maintains Over 20% Tariffs on US Oil and Gas, Short-Term Import Resumption Unlikely - YT FINANCE

Summary by YUAN TALKS
China and the United States issued a joint statement following trade talks in Geneva, pledging to reduce the tariff rates imposed on each other since April 2025 to 10%, while suspending implementation of other tariffs for 90 days.
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YUAN TALKS broke the news in on Monday, May 12, 2025.
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