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KQED Nightly Business Report July 13, 2024

Economies . E two largest President Trump removed the threat of new tariffs supposed to go into effect suny. And he rolled back some others as well. But not all of them. M beijine promising to purchase american agriculturalg s. Its an event investors have been waiting for. While sedcks ral sharply yesterday on reports of agreement today they moved only slightly higher but enough forra relose on the nasdaq. The Dow Jones Industrial average added three points to 28135. The nasdaq was up 1 and the s p 500 was up just slightly. Both countries spoke about the phase one deal today. One offering up more details than the othe we have two reports tonight. Eunice yuan in beijing butbe at the at the white house. E after nearly three years of northbounding President Trump today hailing the first phase of a china trade deal as phenomenal. Iaaffectionately the farmers have going to have to buy larger tractors because it means a lot of business, a tremendous amount of business. The u. S. Says chio ha

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