China to extend tariff exemptions on some US goods until June 2022


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China's finance ministry has announced on Friday that they will be extending tariff exemptions on some imported goods from the United States until June 30, 2022.

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There was no market reaction to this headline as trading conditions remain thin on Christmas Eve. US stock markets will return to action next Monday, December 27. The S&P 500 Index registered impressive gains this week and closed within a touching distance of the record-high it set at 4,743. On a weekly basis, the index gained more than 2%.

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