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China reportedly lowers expectations for progress on trade this week after US blacklist


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  • The tempered expectations came after the U.S. blacklisted 28 Chinese entities over alleged human rights violations, Reuters reported, citing Chinese government officials, diplomats, and investors.
  • The report is similar to what Wall Street analysts have been telling CNBC could come out of the talks: a tariff postponement with an agreement to tackle the bigger issues again later.

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