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Economic toll halts trade war with China
Irish Daily Star
|May 13, 2025
DONALD Trump agreed to halt his trade war with China after American business leaders warned that US shelves would be empty in weeks.
The retreat came as the White House faced growing pressure over the economic toll of its tariffs.
Trump's attack on foreign trade had hit activity at major US ports and left retailers scrambling to secure goods ahead of the critical summer season.
In a joint statement yesterday, the US and China announced a 90-day suspension of mutual tariffs while negotiators work to strike a broader deal.
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