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flag US delays rush on China trade deal, focuses on trade balances and sanctioned oil purchases.

flag The US is not rushing to finalize trade deals with China before an August deadline, focusing instead on reaching mutually beneficial terms. flag Upcoming talks will address trade imbalances and China's purchases of sanctioned Iranian and Russian oil. flag The US has imposed high tariffs on Chinese goods this year, but both countries recently agreed to lower tariffs temporarily as negotiations continue.

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