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China reportedly is offering to lower tariffs on U.S. farm, chemical, auto and other products as part of a trade deal that is nearing completion.
The Wall Street Journal also said that as part of that trade pact that Chinese leader Xi Jinping could sign with President Donald Trump within weeks, the United States is considering eliminating most, if not all, of the trade sanctions imposed on Chinese products last year.
Trump said last week, “I’m never afraid to walk from a deal, and I would do that with China, too, if it didn’t work out.”