China Suspends DuPont Probe After Geneva Agreement
China Suspends DuPont Probe After Geneva Agreement

China Suspends DuPont Probe After Geneva Agreement

News summary

China has suspended its antitrust investigation into DuPont China Group, which began in April as part of Beijing's response to U.S. tariffs imposed during the Trump administration. The suspension follows a diplomatic agreement in Geneva, where both countries pledged to de-escalate economic tensions and pause non-tariff pressure tactics. This move is widely seen as a goodwill gesture ahead of a key meeting in Stockholm between U.S. Treasury Secretary Scott Bessent and senior Chinese officials. The meeting aims to extend a fragile trade truce that is set to expire soon. China's State Administration for Market Regulation did not provide detailed reasons for the suspension. Analysts interpret the development as an effort to create a more collaborative atmosphere for ongoing U.S.-China trade negotiations.

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71639883-fbbd-48af-8cc3-393f63e7b2efdaae85f0-2883-42fc-b085-888140adf30da3544a73-dab3-486d-ae75-bd4d15f01f55
Left 67%
Center 33%
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Center
1
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Last Updated
7 days ago
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