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US poised to reduce its diplomatic mission in China by up to 10%

by Investor News Today
February 20, 2025
in Investing
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Trump cancelled deals with allies EU, UK, Japan, Australia, others – no exception tariffs
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U.S. plans a major discount of its diplomatic mission in China

  • will hit the embassy in Beijing in addition to consulates in Guangzhou, Shanghai, Shenyang, Wuhan, and Hong Kong.
  • transfer is a part of Trump’s broader initiative to chop authorities spending
  • potential layoffs might happen by Friday

This text was written by Eamonn Sheridan at www.forexlive.com.



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