China, US Discuss Tariffs in First Meeting of Trade Council
AI Summary
China and the US kicked off a new council to tackle economic and trade issues via video call, marking the first meeting under their new consultation framework. The discussions centered around tariffs, a key area of contention between the two economic giants. This move signals a step towards resolving trade tensions that have strained relations and impacted global markets. The outcome of these talks could influence future trade policies and economic cooperation between the world's two largest economies.
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