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The high-level economic and trade talks between China and the United States have made substantial progress, and the market has responded positively. However, according to U.S. media "Consumer News and Business Channel," due to the recent imposition of tariffs on nearly all trade partners by the United States for various reasons, research institutions estimate that the average tariff rate in the United States still stands at 17.8%, the highest since 1934. (CCTV International News)

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