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China extends suspension of 24% tariffs on US goods, keeps 10% levy ahead of APEC

FxGain News Newsdesk · · reported by 1 source

China extends suspension of 24% tariffs on US goods, keeps 10% levy ahead of APEC

What we know so far

investingLive (Nov 9, 08:40): This is a risk-positive development. Removing the chance of a tariff snapback gives some cushion to a market rattled by the AI sell-off and the weekend’s Middle East escalation. It should support equities, the yuan and China-sensitive currencies such as the Australian dollar. It’s continuity rather than fresh easing, though, so the upside is likely to be modest unless next…

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