A short-term agreement struck between the U.S. and China early Thursday appeared to dial back a monthslong trade war between the world’s two largest economies, carrying implications for everyone from smartphone buyers to soybean farmers. The deal came after a high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping, the first in-person gathering of the two leaders since Trump took office for his second term. Some trade experts who spoke with ABC News indicated both sides had won notable concessions, though the ultimate impact may depend on whether the agreement can withstand mercurial US-China relations. Trump said Thursday the 20% tariffs on China related to fentanyl were being reduced to 10%, bringing the total effective tax rate on Chinese imports from 57

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