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US to gradually roll back China tariffs in talks of phase two deal – Mnuchin

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US Treasury Secretary Steven Mnuchin suggested that Washington would gradually roll back its China tariffs during a staged negotiation of a phase two deal that may last beyond the 2020 US presidential election in November.

Mnuchin said at a World Economic Forum event in Davos, Switzerland, Wednesday that the US will start the phase two trade talks with China without mentioning a deadline.

“If we get that done before the election, great; if it takes . . .

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