China on Wednesday introduced it’ll exempt American industrial grease and another imports from tariff hikes in a commerce conflict with Washington however saved in place penalties on soybeans and different main U.S. exports forward of negotiations subsequent month.
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The transfer applies to uncooked supplies for farmers and factories, suggesting Beijing needs to restrict harm to its slowing financial system from the combat with President Donald Trump over commerce and know-how.
It provides to indications that either side may be settling in for prolonged…