Another high-stakes face-off between the United States and China has come and gone. The much-anticipated summit between Chinese President Xi Jinping and US President Donald Trump in Busan, South Korea, resulted in agreement on several points. The US agreed to reduce its so-called fentanyl tariffs on China by 10 per cent, suspend recently tightened technology restrictions for a year and suspend an investigation into Chinese shipbuilding practices. China, according to a White House fact sheet,…
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