May 22, 2018 icon depicting Cloudy weather 61°F
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China's latest move on trade is a massive cut to car tariffs

China will cut the import duty on passenger cars to 15%, further opening a market that’s been a chief target of the U.S. in its trade fight with the world’s second-largest economy.

Stocks edge up; technology companies and banks rise

Technology companies and banks are rising Tuesday morning as U.S. stocks head up for the second day in a row. Automakers are climbing after China said it will reduce auto import duties, another sign the United States and China are resolving some of their differences on trade.

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