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Global stocks gain after China cuts U.S. import tariffs, virus fears wane

Reuters Thursday, 6 February 2020
Global stocks extended their recovery on Thursday, cheered by record closes in Wall Street benchmarks following encouraging economic data, and after China announced a cut in tariffs on some imported goods from the United States.
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News video: China to halve tariffs on some U.S. imports as virus risks grow

China to halve tariffs on some U.S. imports as virus risks grow 01:33

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal. Ciara Lee reports

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