Daily Memo: China Tariffs Take Effect, US and Russia Meet in Istanbul

Washington suspended sweeping tariffs for other countries for 90 days.

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Opening day. China’s retaliatory tariffs on U.S. imports took effect on Thursday, a day after U.S. President Donald Trump announced an increase of U.S. duties on Chinese goods to 125 percent. China’s Commerce Ministry said Beijing was open to negotiating and hoped that Washington would “meet China halfway.” Trump also announced that he would suspend […]

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