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President Trump reviews trade deals with China instead of imposing new tariffs, signaling a possible shift towards negotiation.
US President Trump, on his first day back in office, did not impose immediate tariffs on China, instead choosing to review trade agreements and global trade practices.
This move suggests a shift towards negotiation over confrontation, as Trump aims to reassess the Phase One Economic Agreement with China and possibly engage in new talks.
Despite this temporary reprieve, there's uncertainty about future policies, with analysts predicting eventual action against unfair trade practices and potential tariffs to rebalance trade relations.
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